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

Oct 05, 2022, 03:00 AM

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?"



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