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Industry Focus

Financials: Earnings, Wage Growth, IRA Changes, and More

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 5 November 2018

⏱️ 29 minutes

🧾️ Download transcript

Summary

It was yet another big week for earnings, and the IRS announced a big change for retirement savers.

Intro: We’re now a few weeks into earnings season, and some of our favorite financials stocks just reported their latest results. Plus, wages are growing faster than they have in years and Americans can look forward to saving a little more for retirement in 2019. In this week’s episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP discuss all of this news and more.

Transcript

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0:00.0

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0:07.0

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0:12.0

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0:14.9

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0:19.5

rate stays the same but if rates go down, your rate also drops. Either way, you win. It's the kind of thinking

0:28.6

you'd expect from America's largest mortgage lender. To get started, go to rocket mortgage.com

0:35.0

slash fool.

0:37.0

Welcome Industry Focus, the podcast that dives into a different sector of the

0:42.3

stock market each day.

0:44.1

It's Monday, November 5th.

0:45.4

I'm your host Jason Moserin.

0:46.7

Joining me in the studio, as always, is certified financial planner Matt Frankel.

0:51.2

Matt, you have a good weekend? I did. I went to a wedding in North Carolina and there were no cell service, no internet, no nothing. It was in the middle of the mountains and it was really weird to unplug. So you were disconnected as they say.

1:04.2

I, like as much as I ever have been.

1:06.6

That's, that's a foreign feeling.

1:08.6

I can't even remember the last time I was in such a position. Man position man I tell you this these days I don't even

1:15.3

understand how you go for like an hour without the checking your phone it's a bad

1:19.0

habit I gotta get out of it man yeah you should try it. Try it.

1:23.0

They're doing it for a weekend sometime.

1:24.0

Well, on today's show we're going to talk more earnings, of course.

1:28.0

We're going to talk about some changes, some IRA changes that you need to be aware of.

1:33.0

Some interesting wages and salaries data.

...

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