9-27-2022 — Could An Oil Supply Shock Be Imminent?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K 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
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| 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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