Buying a Truck to Show What Could Drive 'Stagflation.'

Buying a Truck to Show What Could Drive 'Stagflation.'

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This week's webinar references last week's video:
10-Year TIPS are Giving Stagflation Clues. Are You Listening? (August 18, 2021)
https://www.youtube.com/watch?v=R8Wg_WAaZQ0


This week, Zacks Managing Director and Equity Strategist Tim Nyland, CFA, discusses:

• More on searching for stagflation clues. Tim starts by looking at the OPEC Oil Embargo and the 1970’s stagflation environment, and draws similarities between that era and the impact of today's semiconductor inventory supply shock on all industries—but especially on the automotive industry.

• On Wednesday 8/18, Ford (F) announced it was going to test a new way of selling cars. After reading the news, Tim set off to buy new Ford truck to illustrate how the supply chain disruption is causing a ‘shift’ in way we purchase new automobiles and what it means for investors.

• Tim looks at the implications for 2 Earnings Certain Portfolio (ECP) names along with REITs holding sale-leaseback assets for car dealerships. Tim provides commentary on AutoZone (AZO), O’Reilly Auto (ORLY), Auto Property REIT (T.APR), CarMax (KMX), Vroom (VRM) and Carvana (CVNA). Don't miss this webinar, and be sure to request a copy of the slide deck for your reference!

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The views of Tim Nyland, CFA are not necessarily the views of Zacks Investment Research.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research is not a licensed securities dealer, broker or US investment adviser or investment bank. The S&P 500 is an unmanaged index.

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