2-6-2023 – Stocks Surged in January but Do They Still Look Undervalued?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 7 February 2023
⏱️ 46 minutes
🧾️ Download transcript
Summary
With the economy weakening and monetary conditions still tightening, the easy returns may have been captured already.
Today's Stocks & Topics: Jobs Report, How Investors Handling Their 401k, Secure 2.0 Act, CRM - Salesforce Inc., AEM - Agnico Eagle Mines Ltd., The SPIVA (S&P Indices Versus Active), HSIC - Henry Schein Inc., ORI - Old Republic International Corp., JXN - Jackson Financial Inc.
Justin's PERSPECTIVE concerns an important financial institution that affects all of us: The Federal Reserve.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:08.9 | Just and client and Steve Peasley, stand ready to take your finance and investment questions |
| 0:14.1 | and share their unbiased answers. |
| 0:17.6 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving |
| 0:23.2 | clients throughout the United States. |
| 0:26.1 | The clarity for your path forward starts now. |
| 0:30.4 | Here is KPP Chief Executive Officer, Financial Advisor Justin Clyde. |
| 0:38.1 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:42.0 | This is our Monday, February 6, 2023 edition and as long time listeners know, this is a |
| 0:50.3 | show that's about giving you perspective, giving you data and helping you navigate |
| 0:56.8 | ever changing markets. |
| 0:58.8 | You know, markets change from year to year, from quarter to quarter, from month to month. |
| 1:04.8 | And a lot of that has to do with changing liquidity dynamics, changing economic trends. |
| 1:11.7 | And that means you have to stay on top of them in order to understand what environment |
| 1:16.8 | we are operating in today. |
| 1:19.6 | And we are in early February, but that also means that we are still in the midst of |
| 1:25.8 | earnings season. |
| 1:27.8 | And when you're looking at earnings, it's important to remember one big factor, especially |
| 1:39.3 | in a time when earnings are decelerating, dropping from any companies and likely to |
| 1:47.3 | hit negative territories sometime this year. |
| 1:52.1 | But if you look back in history, you will see that typically, equities trough six to |
| 2:00.4 | nine months before earnings reach their low point. |
... |
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