4.6 • 658 Ratings
🗓️ 28 December 2022
⏱️ 58 minutes
🧾️ Download transcript
All I want for Christmas is Inflation...Merry Christmas Inflation to all...
Happy Hannukah, Happy Festivus, and Happy New Year.
Now that you all have had enough holiday cheer, we will update you on inflation, the markets and a lesson on how to look at charts and "news".
We have had quite a year. High inflation. Low stock prices and lower bond prices. The housing market still looks terrible. But there are some bright spots... There just aren't many of them.
For more information, visit the show notes at https://moneytreepodcast.com/christmas-inflation-463-beware-of-inflation
Today's Panelists:
Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners
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0:00.0 | Welcome to the Money Tree Investing Podcast. |
0:04.8 | Stock market, wealth, personal finance, value stocks, invest in your life. |
0:11.0 | Hello, Smart Money Tree podcast listeners. |
0:13.0 | Welcome to this week's show. |
0:13.9 | My name's Kirk Chisholm, and I'll be your host. |
0:16.1 | Today, I'm once again joined my big good friend Doug Hagerin. |
0:18.8 | Hey, Doug. |
0:19.3 | Hey, Kirk, good morning to you. |
0:20.7 | We've got a lot of stuff. Last week you had the CPI release, which was, I guess, a big deal, |
0:26.1 | threw people for a little bit of a loop. It was a little bit off what people thought it was going to come out. |
0:29.9 | But this week, we wanted to dive into a bunch of updated data. I know we're a little bit delayed |
0:35.0 | because we only have an hour each week. So Doug, what do you want to |
0:38.3 | start with? There's tons to talk about. I think one that'll cover, of course, it's on everybody's |
0:42.5 | mind because venture to guess that everybody that's listening to this or most people that are |
0:47.1 | listening to this are directly connected to real estate. And I think we've got some good |
0:53.2 | information. We've been talking about |
0:54.3 | real estate, but normally it's one of those things where people aren't overly concerned about. |
0:58.9 | He's like, I'm not planning on sell my house. But you know what? These days, a lot of the moves that |
1:03.4 | have happened with the CPI, I think people are probably more focused and concerned about what's |
1:07.8 | going on with housing than they have in years. So why don't we start there? Well, let's start with a few charts here. I'm going to run through a few and let Doug run through |
1:14.7 | a few. So I want to start with one because we talk about the mortgage rate. Now, what's been happening |
1:19.3 | with the interest rate market's been interesting because for this year, up until this year, |
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