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Investing Insights

Just Where’s the U.S. Economy Headed?

Investing Insights

Morningstar, Ivanna Hampton, Sarah Hansen

Bonds, Stocks, Analysis, Advice, Trading, Funds, News, Investment, Morningstar, Entrepreneurship, Mutual, Ideas, Etfs, Finance, Investing, Business, Economic, Independent, Christine Benz

4.2539 Ratings

🗓️ 19 May 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

Also, 3 ETFs to help fight against inflation, and how Disney’s stock looks following a disappointing quarter.

Transcript

Click on a timestamp to play from that location

0:00.0

Please stay tuned for important disclosure information at the conclusion of this episode.

0:06.0

Here's what's ahead on this week's Investing Insights. Stubber inflation, high interest rates, and the debt-sealing debate are creating a lot of uncertainty.

0:14.9

I'll talk with Morningstar Research Services senior U.S. economists about his economic outlook.

0:20.3

Plus, fight back against inflation in your portfolio, an analyst recommends three

0:25.0

ETFs, and what Morningstar thinks about Disney's plans to combine Disney Plus and Hulu.

0:31.8

This is Investing Insights.

0:40.1

Welcome to Investing Insights. I'm your host, Ivana Hampton.

0:42.4

Let's get started with a look at the Morning Star headlines.

0:45.2

Disney has posted disappointing fiscal second quarter results under CEO Bob Iger.

0:50.9

The Entertainment Giants Parks delivered another impressive showing and streaming losses

0:56.1

continue to shrink. However, Disney Plus lost 4 million subscribers worldwide while Hulu saw modest gains.

1:03.6

The director-to-consumer segment appears on track to turn a profit by the end of fiscal 2024.

1:10.4

Morningstar thinks Disney needs to bring in more customers

1:13.1

and drive stronger top-line growth to replace revenue from declining pay TV bundles.

1:19.4

Average monthly revenue from each Disney Plus subscriber grew in the U.S.

1:24.0

Because of a December price increase, but the figure dropped everywhere else. Overall,

1:29.2

however, it looks like fewer customers than expect it quit the streaming service over higher

1:34.7

prices. Disney's CEO has said the company will hike prices for its ad-free tier again later this

1:41.9

year. Iger also announced plans to integrate Hulu into Disney Plus in the U.S., like its international versions.

1:49.3

The company believes that having one app will promote higher usage and increase advertising opportunities.

1:55.6

General entertainment content should also help Disney Plus add and keep subscribers.

2:01.2

Morningstar doesn't think combining the streaming platforms means Disney would pay any price for Comcast's

...

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