10-6-2022 — What a Strong U.S. Dollar Means for Investors
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 7 October 2022
⏱️ 46 minutes
🧾️ Download transcript
Summary
Some company earnings could falter-- and companies that have a significant portion of their earnings coming from overseas will suffer most. Tech companies, in particular, make 58% of their revenue from outside the U.S.
Stocks: AOS -- A.O. Smith Corp. (NYS); SWSEX -- SWRSX; BGFV -- Big 5 Sporting Goods Corp. (NAS); XOM -- Exxon Mobil Corp. (NYS).
Topics: Caller questions: 401k plan contributions; Beat the market; JUSTIN's talking point stories: The 'Inflation Reduction Act' -- Its 3 main components--and the probable effect on drug prices.
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Transcript
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| 0:00.0 | At a time, when investors are confronted with market volatility and a variety of challenges |
| 0:11.4 | fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures, |
| 0:18.9 | just in decline and Steve Peasley, stand ready to take your finance and investment questions |
| 0:23.9 | and share their unbiased answers. |
| 0:27.2 | This is Invest Talk, independent thinking, shared success. |
| 0:32.4 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving |
| 0:37.7 | clients throughout the United States. |
| 0:41.0 | The clarity for your path forward starts now. |
| 0:45.4 | Here is KPP Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:53.0 | Good afternoon fellow investors, and welcome back to Invest Talk. |
| 0:57.2 | This is our Thursday, October 6, 2022 edition, and we're well into the fourth quarter, |
| 1:03.0 | and volatility remains top of mind for most people, and not just in the stock market, but |
| 1:11.7 | the bond market and commodity markets as well, and that means you have to have a little |
| 1:19.6 | stronger steel nerves than you typically have, and it becomes even more important to |
| 1:27.2 | be invested according to your risk tolerance levels, so that you're not shaken out |
| 1:33.0 | of positions in times that have above average volatility, you know, the VIX still remains |
| 1:42.1 | elevated, so around 30, close to above 30 today, for roughly the six, seven time or |
| 1:51.0 | the past 10 days. |
| 1:54.6 | And so you have to have your portfolio optimized and balanced for your goals, and once again, |
| 2:01.6 | your risk tolerance level. |
| 2:04.9 | So I'm here to help you get on task of making smart, consistent, and I will emphasize |
| 2:11.9 | consistent sound money decisions. |
... |
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