1-6-2023 – Is the Oil Market Crisis Sparked by Russia’s Invasion Nearing Its End?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 7 January 2023
⏱️ 46 minutes
🧾️ Download transcript
Summary
Analysts remain divided regarding oil prices in 2023, however prices have fallen back to pre-war levels, driven lower by fears of a global recession.
Today's Stocks & Topics: Artificial Intelligence, Economy Statistics, Silver Gate Capital corporation, KNSL - Kinsale Capital Group Inc., Corporate Bonds, DISH - DISH Network Corp. Cl A, Stop Order, FIVN - Five9 Inc., Small Caps, NRGU – Micro Sectors U.S. Big Oil Index 3X Leveraged ETN, AAPL - Apple Inc., Life Insurance.
Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:09.0 | Just and client and Steve Peasley, stand ready to take your finance and investment questions |
| 0:14.2 | and share their unbiased answers. |
| 0:18.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving |
| 0:23.2 | clients throughout the United States. |
| 0:26.2 | The clarity for your path forward starts now. |
| 0:30.6 | Here is KPP Financial President, Financial Advisor, Steve Peasley. |
| 0:36.2 | Good afternoon everybody and welcome to Invest Talk. |
| 0:39.7 | It is Friday, January 6, 2023. |
| 0:44.2 | Well, first week is gone, first trading week of the market is gone. |
| 0:48.6 | We had a really great day today, but I don't want you to get too excited about it. |
| 0:53.2 | We had a really good day. |
| 0:54.5 | I just enjoy the day, but one day does not mean a trend, so let's just sit back and observe. |
| 1:02.5 | I do think this year is going to be a good year for the market. |
| 1:05.5 | I really do. |
| 1:08.5 | But I think we're going to go through some tougher times in a short run than in the long run. |
| 1:15.5 | And I've mentioned this before. |
| 1:17.5 | So I think by the end of the year the market will be up. |
| 1:20.5 | And it will be up 10% or higher in my opinion. |
| 1:23.5 | But we'll see, that's only a guess. |
| 1:25.5 | No one really knows. |
| 1:26.5 | No one really does. |
... |
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