Inflation in november rose nearly seven % over the previous year, the highest spike we've seen since 19 82. How should investors process this news? Yet? You know that almost seven % increase includes food and energy. Gasoline alone is up 58%. But i think the good news is that we're seeing gas prices come down pretty dramatically recently. And as you kno, that is a good thing to see for cons bers. Shares of chewey down nearly 20 % this week. We've got some end of the year financial tips with our guest dan maseka. As always, we've got a couple of stocks on our radar.
The US inflation rate rises to a 39-year high. Pet supply retailer Chewy tumbles on earnings. Costco rises on big 1st-quarter results. CVS hits an all-time high after its investor day presentation. Motley Fool analysts Emily Flippen and Ron Gross discuss those stories and weigh in on the latest from Lululemon Athletica, Rent the Runway, Stitch Fix, RH Holdings, Intel, Beyond Meat, Jack in the Box, and Shake Shack, Plus, our analysts share two stocks on their radar: Tyler Technologies and Accenture. And CFP Dan Messeca talks 401Ks and last-minute financial planning tips for investors.
For more from Dan Messeca and his co-host Ross Anderson, check out their podcast “Check Your Balances”.
https://podcasts.apple.com/us/podcast/check-your-balances/id1551991071
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