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InvestTalk

9-27-2022 — Could An Oil Supply Shock Be Imminent?

InvestTalk

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

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

4.41.5K Ratings

🗓️ 28 September 2022

⏱️ 47 minutes

🧾️ Download transcript

Summary

Oil demand has remained resilient in the face of a multitude of challenges, and even prices of over $100 per barrel failed to curb it in any significant way earlier this year.

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Stocks: DKNG -- DraftKings Inc. (NAS); CI -- Cigna Corp. (NYS); COIN -- Coinbase Global Inc. (NAS); EXR -- Extra Space Storage Inc. (NYS); ELS -- Equity Lifestyle Properties Inc. (NYS); an iTunes review question for VZ -- Verizon Communications Inc. (NYS).

Topics: Plus, caller question regarding crowd funding for real estate; STEVE's talking point stories: Core capital goods, new home sales, Jeff Bezos real estate venture, Social Security funds running out, Roth IRA earned income limits.

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Steve's TRIVIA question: "Can you name 5 steps you can take to help cope with rising prices and higher interest rates?"




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Transcript

Click on a timestamp to play from that location

0:00.0

At a time, when investors are confronted with market volatility and a variety of challenges

0:11.4

fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures,

0:18.9

just in decline and Steve Peasley, stand ready to take your finance and investment questions

0:23.9

and share their unbiased answers.

0:27.2

This is Invest Talk, independent thinking, shared success.

0:32.3

Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving

0:37.7

clients throughout the United States.

0:41.0

The clarity for your path forward starts now.

0:45.4

Here is KPP Financial President, Financial Advisor, Steve Peasley.

0:51.5

Good afternoon everybody and welcome to Invest Talk.

0:55.2

It is Tuesday, September 27th, 2022.

1:00.2

And that means there's only three more trading days left in the third quarter that will

1:05.3

move into the fourth quarter.

1:07.3

I don't think any of us will have any problems getting away from the third quarter.

1:11.9

Has not been a good one for the market.

1:13.8

In fact, the first and second quarters weren't that good.

1:17.3

We had to move up in June, but now we're retesting in some cases breaking below those

1:23.3

old lows we had before the June rally.

1:27.1

So we're moving in October, the fall season, and yes, everybody enjoys the holidays and

1:34.2

usually the holidays bring happier times in the market, but we'll see how it does this

1:38.9

year.

1:40.4

Anyways, if you're confident that your pain attention to your portfolio, you should take

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