1 in 5 Americans Are Doom Spending
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 25 February 2025
⏱️ 48 minutes
🧾️ Download transcript
Summary
According to CreditCards.com, a new report indicates that 1 in 5 Americans are engaging in hoarding and "doom spending"——with this behavior driven by anxiety about the future.
Today's Stocks & Topics: TEM - Tempus AI Inc., Market Wrap, POWL - Powell Industries Inc., ATKR - Atkore Inc., BALT - Innovator Defined Wealth Shield ETF, 1 in 5 Americans Are Doom Spending, FNV - Franco-Nevada Corp., Short Interest, CMCO - Columbus McKinnon Corp, Value Investing, KVYO - Klaviyo Inc., Quantitative Tightening (QT).
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk. Incependent Thinking, shared success. |
| 0:17.7 | InvestTalk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.3 | Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:33.6 | Good afternoon, fellow investors, and welcome back to InvestTalk. This is our Monday, February 24th, |
| 0:40.9 | 2025 edition of InvestTalk. Appreciate you all tuning in to this hour with me and my job each and every |
| 0:48.5 | day, mine and Luke at least, is to help you become a better investor, give you some perspective and some data |
| 0:56.6 | that you can bring back to your personal situation and improve it. And it's one step at a time. |
| 1:01.7 | It's not something that's going to, this is a get rich slow type of endeavor, not get rich quick. |
| 1:09.2 | If you're here to make the big bucks and do that |
| 1:12.9 | overnight, you know, you probably want to go to the casino. If you want to learn how to be a better |
| 1:17.5 | investor to make smart decisions, to avoid pitfalls, capitalize opportunities, this is the place for you. |
| 1:24.4 | So that's what this hour will be about. I justin klein and i'm here every weekday with |
| 1:31.8 | luke like i said in order to further your investment education and we do that by mainly |
| 1:38.6 | answering your finance and investment questions so i encourage you to reach out at any time |
| 1:43.4 | with your question 24 hours |
| 1:45.1 | a day, seven days a week. You can talk to us live. I love that, Fortify Pacific Time, or after |
| 1:50.3 | hours, you can leave your message and we will answer it on a future show. Now, in just a bit, |
| 1:55.4 | we'll talk about today's market performance and run down the show topics, but as usual, |
| 1:59.1 | we'll tackle this color question first. |
| 2:01.6 | Hey, Justin and Luke. Name is Brian calling you from Virginia. I was curious what you thought of |
| 2:06.1 | Tempest AI, ticker T.M. I had a huge run-up recently, and I was thinking about it for a short. |
| 2:13.1 | If so, if it was a good one, what numbers are you thinking to get in on that? Thank you. And out. |
... |
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