10-4-2022 — Has Consumer Demand Already Started to Plunge?
Episode 46 min 40s

10-4-2022 — Has Consumer Demand Already Started to Plunge?

U.S. shippers report a 20% drop in ocean freight orders including machinery, household products, industrial products and apparel goods.

Stocks: PFE -- Pfizer Inc. (NYS); AMP -- Ameriprise Financial Inc. (NYS); GOGL -- Golden Ocean Group Ltd. (NAS); GT -- Goodyear Tire & Rubber Co. (NAS).

Topics: Caller questions: Covered call strategy?; Comments on the FED; Digital banking-- is it safe?; STEVE's talking point stories: Job openings report shows available jobs down by one million; Inventory orders are flat; Micron to build microchip factory in New York NOT Texas-- why?

Steve's TRIVIA question: "What are the key factors that can impact your net worth?"



Our Sponsors:
* Check out Anthropic and use my code claude.ai/invest for a great deal: https://www.anthropic.com
* Check out Cure Hydration and use my code INVEST for a great deal: https://www.curehydration.com
* Check out Quince and use my code INVEST for a great deal: https://www.quince.com
* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com
* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com


Advertising Inquiries: https://redcircle.com/brands

Community discussion