10-11-2023 – Consumers Are Taking Their Foot Off the 'Spending Pedal'
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 12 October 2023
⏱️ 48 minutes
🧾️ Download transcript
Summary
The headwinds battering consumers include inflation, higher interest rates, federal budget wrangling, polarized politics, student loan repayments, and new global tensions.
Today's Stocks & Topics: PLTR - Palantir Technologies Inc., CTRA - Coterra Energy Inc., Real Estate, TEX - Terex Corp., Selling a property, Interest Rates, ITA - iShares U.S. Aerospace & Defense ETF, Yields.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:09.0 | Justin Klein 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 |
| 0:23.3 | clients throughout the United States. |
| 0:26.2 | The clarity for your path forward starts now. |
| 0:30.5 | Here is KPP Chief Executive Officer, Financial Advisor Justin Klein. |
| 0:37.8 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:41.6 | This is our Wednesday, October 11, 2023 edition. |
| 0:44.8 | I'm Justin Klein and I am here to help you become a better investor. |
| 0:49.9 | We have a great show for you today, a lot to talk about. |
| 0:55.3 | As always, I try to focus on the big picture. |
| 0:58.3 | You can get caught in the minutia of difference, stocks, difference, even asset classes, but |
| 1:05.3 | when you're looking at the big picture, then you can understand exactly where we're |
| 1:10.2 | headed in general and how each company, each asset class fits into that path forward. |
| 1:17.6 | That's what it's about. |
| 1:18.6 | It's not about the past, it's about the future and you can study the past in order to get |
| 1:23.7 | a good grasp of what the future might look like. |
| 1:26.3 | You're never going to know exactly, it's very difficult, you can't time the market, you |
| 1:31.2 | can just simply put the odds in your favor. |
| 1:34.6 | That's what we are here to do is to take the data, assess it appropriately, ignore the |
| 1:43.5 | headlines, ignore the narrative and use that data in order to put the odds in your favor. |
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