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InvestTalk

7-22-2022 – Why Haven't American Wages Grown, Despite Increases in Productivity?

InvestTalk

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

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

4.41.5K Ratings

🗓️ 23 July 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

Wages in the U.S. have stagnated since the early 1970s and sixty percent of labor markets are considered highly concentrated.

 

Today's Stocks & Topics: Traditional I-R-A vs. Roth I-R-A, Recession, U.S is the Largest Producer of Oil, VZ - Verizon Communications Inc., T - AT&T Inc., WBD - Warner Bros. Discovery Inc. Series A, HRI - Herc Holdings Inc., Best Sector to Invest, BRKB - Berkshire Hathaway Inc. Cl B, AZO - AutoZone Inc., ORLY - O'Reilly Automotive Inc., American Quitting Their Jobs.



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Transcript

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0:00.0

Now on This Invest Talk Podcast, Steve Peasley listens to your questions and provides unbiased answers.

0:11.0

Yeah, I want to clarify growth stocks, which a lot is a tech sector.

0:15.0

Growth stocks are out of favor right now.

0:18.0

And they've picked a big hit.

0:20.0

So you're trying to shorten after they took the big hit, and that's riskier.

0:25.0

This Invest Talk, over 43 million downloads and counting.

0:30.0

Your participation makes it unique.

0:33.0

888-99 chart.

0:39.0

This is Invest Talk, independent thinking, shared success.

0:44.0

Just in client and Steve Peasley, stand ready to take your finance and investment questions

0:50.0

and share their unbiased answers.

0:53.0

Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States.

1:01.0

The clarity for your path forward starts now.

1:06.0

Here is KPP Financial President, financial advisor, Steve Peasley.

1:12.0

Well, good afternoon, everybody. This is Steve Peasley, and you're listening to Invest Talk here this Friday, July 22, 2022.

1:22.0

And as it is Friday, we got a weekend coming up, and thank goodness for that.

1:26.0

Even though we had a pretty positive week for the stock market, not today, but we did have a positive week for the stock market, so that was good.

1:35.0

And so, you know, we continue to see the volatility that we've talked about many times, and I guarantee you it's going to continue probably throughout the rest of the year.

1:46.0

At least the outsides volatility, I'm thinking.

1:51.0

So, welcome to Invest Talk. This is a calling show.

1:55.0

You calling, you direct the show, we talk about anything financial.

1:59.0

And I don't have an agenda that I'm trying to push on you that, and you drive the show.

...

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