InvestTalk 5-15-2024 – Retailers Are Cracking Down on Returns and Tracking 'Problem' Customers
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 16 May 2024
⏱️ 47 minutes
🧾️ Download transcript
Summary
According to the National Retail Federation, shoppers racked up more than $5 trillion worth of retail sales in the U.S. in 2023 and about 14.5% of those sales were returned.
Today's Stocks & Topics: OKE - ONEOK Inc., Market Wrap, MMM - 3M Co., SOLV - Solventum Corp., Retailers Are Cracking Down on Returns and Tracking 'Problem' Customers, AWSHX - American Funds Washington Mutual Investors Fund, IGR - CBRE Global Real Estate Income Fund, CEIX - CONSOL Energy Inc., Opportunities Zones, URI - United Rentals Inc., Bonds vs. Money Market, Meme Stocks Traders Are Back.
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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 |
| 0:09.6 | fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic |
| 0:15.8 | pressures. Justin Klein stands ready to take your finance and investment questions |
| 0:21.0 | and share his unbiased answers. |
| 0:24.8 | Invest Talk is made possible by KPP Financial, |
| 0:28.6 | a registered investment advisor firm serving clients throughout the United States. |
| 0:34.0 | The clarity for your path forward starts now. |
| 0:39.0 | Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:47.0 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:52.0 | This is our May 15, 2024 edition of Invest Talk. |
| 0:56.4 | I'm Justin Klein and I'm here |
| 0:58.3 | to answer your finance and investment questions. |
| 1:00.6 | Give you perspective. |
| 1:02.1 | Developed with over 20 plus years of investment experience, and |
| 1:06.4 | usher you through these interesting times, an era that is ushering in a multipolar world and that creates a different dynamic between |
| 1:20.0 | asset classes and the types of companies that you want to own. It creates an |
| 1:29.4 | inflationary environment that should color I'm here to |
| 1:37.0 | should color the asset classes, that you should be overweight and underweight. |
| 1:43.7 | And that's what I'm here to help you navigate. This is new. |
| 1:45.2 | I know we've been dealing it really since the pandemic's what, four years since the pandemic. |
| 1:50.8 | But you can clearly see the economy is different. |
| 1:54.0 | The markets are different. |
... |
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