9-18-2023 – August Wholesale Inflation Increased 0.7%, Should Investors Be Concerned?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 19 September 2023
⏱️ 47 minutes
🧾️ Download transcript
Summary
The producer price index increased a seasonally adjusted 0.7% in August, higher than the estimate and the biggest monthly gain since June 2022.
Today's Stocks & Topics: VOD - Vodafone Group PLC ADR, Mergers and Acquisitions, Buybacks, Technology, WDS - Woodside Energy Group Ltd. ADR, MITK - Mitek Systems Inc., UTG - Reaves Utility Income Fund, Maturity, SMH - VanEck Semiconductor ETF, LRCX - Lam Research Corp., CDNS - Cadence Design Systems Inc.
Justin's PERSPECTIVE looks at the impact of electric power on the American standard of living over the centuries.
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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, in economic |
| 0:17.6 | pressures, Justin Klein and Steve Peasley stand ready to take your finance and investment |
| 0:23.3 | questions and share their unbiased answers. This is Invest Talk, independent thinking, |
| 0:30.2 | shared success. Invest Talk is made possible by KPP Financial, a registered investment |
| 0:36.5 | advisor from, serving clients throughout the United States. The clarity for your path |
| 0:42.8 | forward starts now. Here is KPP Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:53.1 | Good afternoon fellow investors and welcome back. Welcome back to Invest Talk. This |
| 0:57.5 | is our Monday, September 18, 2023 edition. I'm Justin Klein and I'm excited for this |
| 1:03.7 | hour with you to help you take that next step in your journey of becoming a better investor. |
| 1:10.7 | We're all on that journey. Nobody is perfect. Everyone makes mistakes. It's part of the |
| 1:15.0 | game, but it's about learning from those mistakes. Maybe mistakes that you made, mistakes |
| 1:19.4 | others made, and also learning from the successes as well. We're going to do all of that |
| 1:25.2 | on today's show. Give you some actionable advice and some data that you can take and integrate |
| 1:34.2 | into your thought process and have the proper framework so that you can make good investment |
| 1:41.1 | decisions consistently. Now, I'm going to give you some, give you my unbiased perspective |
| 1:50.4 | with both over 20 years of investment experience. We're going to talk about the market performance. |
| 1:56.0 | We're going to run out some show topics. But first, we're going to get to our first |
| 2:01.6 | listener question at 8-899 chart. |
| 2:03.9 | Hi, Steve and Justin. This is Clyde from San Mateo. I had a question about a stock |
| 2:09.2 | vote of phone, Victor Ocean Delta, BOD. I see their teaming up with Amazon and doing |
| 2:15.4 | some work in Germany. I wanted to know if this would be a good buy. I would appreciate |
... |
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