6-9-2023 – Recession May Be Coming but Some Consumers Are Already Feeling Pain
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 10 June 2023
⏱️ 48 minutes
🧾️ Download transcript
Summary
An economist and portfolio strategist at New York Life says aggregate data for the broader economy shows a bifurcation between lower- and middle-income segments of consumer spending.
Today's Stocks & Topics: China’s Growth, Back to the Office, Stocks Might Lose 20% of Value, PLTR - Palantir Technologies Inc., JNJ - Johnson & Johnson, AMZN - Amazon.com Inc., Stock Valuation, SSTK - Shutterstock Inc., KDP - Keurig Dr Pepper Inc., UHT - Universal Health Realty Income Trust, CSL - Carlisle Cos.
Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline.
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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 |
| 0:11.6 | fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures, |
| 0:19.1 | just in climb and Steve Peasley, stand ready to take your finance and investment questions |
| 0:24.1 | and share their unbiased answers. |
| 0:27.3 | This is Invest Talk, independent thinking, shared success. |
| 0:32.5 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving |
| 0:37.9 | clients throughout the United States. |
| 0:41.2 | The clarity for your path forward starts now. |
| 0:45.6 | Here is KPP Financial President, Financial Advisor, Steve Peasley. |
| 0:51.6 | Good afternoon everybody and welcome to Invest Talk, it is Friday, June 9, 2023. |
| 0:58.9 | Well the weekend is almost here, not quite here, but almost here, and we'll let you know |
| 1:03.6 | that I will be taking a few days off next week, I'll be in Philadelphia. |
| 1:09.6 | And just a client is still on vacation, but never fear. |
| 1:13.8 | We have prepared several best of college questions shows and they move at a faster pace. |
| 1:19.7 | So we typically can fit in more questions and unbiased answers, so hopefully you'll |
| 1:24.4 | tune in, I think you'll enjoy it. |
| 1:28.0 | Anyways, I'm Steve Peasley, I'm here today to help you become a better investor as I |
| 1:32.4 | am here every day or most days. |
| 1:36.1 | And I can do that by giving you data and perspective, develop for more than 20 years, more than |
| 1:42.2 | 40 years, if you want to know the truth, I'm a best experience on the radio for more |
| 1:48.2 | than 20 years. |
| 1:49.2 | Anyways, of course I'm going to blend in the comments with what you, the listener, want |
... |
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