10-17-2022 – Is the U.S. Consumer Healthy?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 18 October 2022
⏱️ 46 minutes
🧾️ Download transcript
Summary
Despite inflation anxiety, one large bank is reporting that credit volume is up, and that credit remains pristine, with late-payment metrics still well below pre-2020 averages.
Today's Stocks & Topics: Small Cap Companies, Interest Rates and Bank Profitability, JOBY - Joby Aviation Inc., VTIP - Vanguard Short-Term Inflation-Protected Securities Index Fund, RNG - RingCentral Inc. Cl A, RIO - Rio Tinto PLC ADR, ENB - Enbridge Inc., ASML - ASML Holding N.V.
The PERSPECTIVE looks at the stock market’s September Effect.
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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 |
| 0:23.3 | 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. |
| 0:38.4 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:42.6 | This is our Monday October 17th, 2022 edition and volatility hit us once again, but this |
| 0:49.8 | time to the upside, we say that volatility comes in both directions and this is a time |
| 0:57.6 | where a lot of people are confused, a lot of people are very pessimistic about what's |
| 1:02.6 | happening in the economy and their portfolio and my job here is to help you give you the |
| 1:11.4 | middle road, I guess you would call it, right there are most people want to be one side |
| 1:18.1 | of the very bullish or the very bearish, their emotions tend to take over, but when you |
| 1:23.1 | apply rationale to your investment process and your decision making process, you often come |
| 1:29.2 | out somewhere in the middle and that's what I'm here to help you with and I do that by answering |
| 1:34.8 | your finance and investment questions. |
| 1:36.8 | As always, the number is the same, it's $8.99 chart, 24 out of the day, seven days a week |
| 1:42.7 | you can call and ask your question or if you're listening live during our four to five |
| 1:46.5 | specific time hour, you can call and talk to me right now, so we've got a pack podcast |
| 1:53.2 | for you today and my focus point and concerns story behind is the US consumer healthy, now |
| 2:00.8 | inflation is on everyone's mind, but there's been bank earnings over the past couple days |
... |
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