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
4.4 • 1.5K 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. |
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| 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. |
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... |
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