Inflation Is Gone… Or Is It?
Money Tree Investing
Money Tree Investing Podcast
4.6 • 658 Ratings
🗓️ 16 November 2022
⏱️ 52 minutes
🧾️ Download transcript
Summary
The media is telling us, Inflation is gone. Celebration time.??
Well, not so fast. Inflation is still coming in at 7.7% (which is high) and one data point does not make a trend. Inflation should drop a bit from here, but we are not out of the woods. This week we discuss what is going on with the new inflation numbers, housing data, FTX and more.
Today's Panelists:
Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners
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Transcript
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| 0:00.0 | Welcome to the Money Tree Investing Podcast. Stock market, wealth, personal finance, value stocks, invest in your life. |
| 0:11.0 | So hello, smart money tree podcast listeners. Welcome to this week's show. My name's Kirk Chisholm, |
| 0:14.9 | and I'll be your host. I am once again joined with my good friend Doug Heygren. Hey, Doug. Hey, Kirk, how you doing? |
| 0:20.2 | Hope you're staying warm out there. |
| 0:21.5 | We're getting blanketed with two to four inches up here in the north. |
| 0:24.6 | And it looks like more to come. |
| 0:25.7 | Winter has set upon us. |
| 0:27.5 | I think that's a nice segue to the winter that's setting upon our economy. |
| 0:31.1 | What do you think? |
| 0:31.8 | Yeah, I think it's a great indicator. |
| 0:33.5 | I just got back from Lake Placid. My son was in a hockey tournament. It actually, it's funny, back to the 1980s with the movie Miracle, which was such a transitional time period. |
| 0:44.5 | And it's actually going to be the center point of my talk I'm giving in Las Vegas tomorrow. |
| 0:49.8 | So for those of you who are joining us, President's Week in Las Vegas, you get to hear it live. |
| 0:54.4 | Those of you who are not joining us, join us next year. |
| 0:56.9 | That's a great event. |
| 0:58.4 | Let's just throw it out there, Doug. |
| 0:59.6 | I know we were talking about inflation. |
| 1:01.1 | There's a big number that's changed and it's got everyone up and talking. |
| 1:04.7 | What's in your plate? |
| 1:05.5 | What do you want to talk about today? Well, I think a couple things. I mean, we've been talking about before. I think housing is an |
| 1:11.4 | interesting one to go back to because we continue to see some trends going on. I mean, I think for |
| 1:16.2 | people that listening, that one hits right at home. Just kind of looking at some information on kind |
... |
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