Planning to Retire Soon? Flexibility and Spending Count
Investing Insights
Morningstar, Ivanna Hampton, Sarah Hansen
4.2 • 539 Ratings
🗓️ 21 April 2023
⏱️ 22 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Please stay tuned for important disclosure information at the conclusion of this episode. |
| 0:05.9 | Here's what's ahead on this week's investing insights. |
| 0:08.9 | Earning season has kicked off how J.P. Morgan's results are reinforcing Morningstar's long-term view. |
| 0:15.2 | Plus, the mistake one equity analyst thinks Warner Brothers discovery is making with its streaming service revamp, |
| 0:21.9 | and it may not feel like the right time to retire. |
| 0:25.4 | Morningstar Inc.'s director of personal finance, Christine Vince, |
| 0:28.7 | offers tips to help navigate this economic environment. |
| 0:32.0 | This is Investing Insights. |
| 0:54.7 | Welcome to Investing Insights. I'm your host, Ivana Hampton. And let's get started with a look at the Morning Star headlines. Recent banking industry turmoil didn't hurt J.P. Morgan Chase's profits. The big U.S. Bank added more depositors in the first quarter. Its earnings beat the average Wall Street analyst expectations and Morningstar's estimates. Fees came in stronger than expected, and so did |
| 1:00.9 | net interest income for what a bank earns from making loans. J.P. Morgan raised his full-year |
| 1:06.2 | outlook for net interest income. The Morningstar views the results as a positive. They also support the analyst's position that J.P. Morgan can fend off competition for 20 years or more. |
| 1:17.1 | Morningstar thinks banks will get through the turmoil. They remain undervalued. |
| 1:22.5 | Delta reported a 50% uptick in passenger revenue in the first quarter compared to the same period in |
| 1:28.5 | 2019. However, the airline's soaring operating costs have hurt profits and disappointed investors. |
| 1:35.5 | Delta should do well for the rest of the year because of strong summer bookings and an improving |
| 1:40.3 | cost picture. The airline is coming off massive disruptions from the pandemic. The list |
| 1:45.4 | includes training thousands of new employees and renegotiating some supplier contracts. Delta also |
| 1:51.6 | plans to refurbish its Midwestern airport hubs and its cost structure should improve as those |
| 1:57.4 | investments are completed. Demand for travel remains very high, and ticket prices are higher than usual because of |
| 2:04.2 | constrained capacity. |
| 2:05.8 | And you'll hear more about what Delta Management calls a constructive industry backdrop. |
| 2:11.1 | The normally cutthroat airline industry is dealing with supply constraint. |
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