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InvestTalk

10-17-2022 – Is the U.S. Consumer Healthy?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K 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

Click on a timestamp to play from that location

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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