8-19-2022 – Home Sales Fell Nearly 6% in July as the Housing Market Slides into a Recession
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 20 August 2022
⏱️ 46 minutes
🧾️ Download transcript
Summary
Sales dropped about 20% from the same month a year ago and one expert believes that, in terms of economic impact, we are in a housing recession.
Today's Stocks & Topics: CNWGY - Cineworld Group PLC ADR, MMM - 3M Co., NEOG - Neogen Corp., STEM - Stem Inc., Cutting Jobs, VEGI - iShares MSCI Global Agriculture Producers ETF, BABA - Alibaba Group Holding Ltd. ADR, Fundamental Analysis, PAA - Plains All American Pipeline L.P., IHI - iShares U.S. Medical Devices ETF, Recession, I-R-As, Economy Numbers.
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 |
| 0:11.7 | fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures, |
| 0:19.1 | just in decline and Steve Peasley, stand ready to take your finance and investment questions |
| 0:24.1 | and share their unbiased answers. |
| 0:27.4 | This is Invest Talk, independent thinking, shared success. |
| 0:32.6 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving |
| 0:37.9 | clients throughout the United States. |
| 0:41.3 | The clearing for your path forward starts now. |
| 0:45.7 | Here is KPP Financial President, Financial Advisor, Steve Peasley. |
| 0:51.7 | Good afternoon everybody and welcome to Invest Talk. |
| 0:55.2 | It is Friday, August 19, 2022. |
| 0:58.7 | I'm Steve Peasley and I look forward to doing this show with you every day, this podcast. |
| 1:03.5 | And I do here in your financial investment questions because that's what we do here. |
| 1:07.1 | We answer financial questions. |
| 1:10.7 | Any financial questions you want to bring to the table. |
| 1:13.5 | The phone number you want to use never changes has never changed in 22-23 years and it's |
| 1:21.1 | 888-99 chart. |
| 1:24.5 | So give me a call. |
| 1:26.3 | It's open 24 hours a day, 7 days a week, we're live right now, but you can call anytime |
| 1:32.6 | you want to. |
| 1:33.6 | Anytime. |
| 1:34.6 | I've got a pretty packed podcast today as I usually do. |
... |
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