Making Cents: What personal finance questions do you have?
CLOSER TO $6, SITTING IN AT AROUND 579 RIGHT NOW. SO THIS MORNING WE’RE STARTING A NEW WEEKLY MONDAY SEGMENT CALLED MAKING SENSE MONDAY WITH US VICE PRESIDENT AND FINANCIAL ADVISOR CATHERINE MCCALL. THANKS FOR COMING IN TODAY. WE APPRECIATE IT. SHE’S ACTUALLY GOING TO BE ANSWERING YOUR FINANCIAL QUESTIONS, AND YOU CAN SEND US QUESTIONS BY SCANNING THE QR CODE ON YOUR SCREEN. OKAY. GAS PRICES, THE OBVIOUS ONE, I FILLED THE TRUCK LAST NIGHT AND EVERYBODY AT THE GAS STATION, THAT’S ALL WE WERE TALKING ABOUT. WAITING IN LINES QUICK. SO GAS IS THE OBVIOUS ONES. WHAT ARE THE NEXT THINGS THAT YOU WOULD PREDICT ARE ABOUT TO GET MORE EXPENSIVE? SO NITROGEN FERTILIZER HAS BEEN STUCK IN THE STRAIT OF HORMUZ FOR QUITE A WHILE NOW. IF THAT CONTINUES, IF WE CAN’T SEE SAFETY IN THE STRAIT OF HORMUZ, WE WE COULD SEE THAT IMPACT. NORTHERN HEMISPHERE FARMERS, RIGHT. BECAUSE THAT IMPACT HAS ALREADY SPIKED IN TERMS OF THE PRICE BY 30%. IF WE CAN SEE THAT GO THROUGH, IT SHOULD BE OKAY. BUT IF THAT IMPACTS FOOD PRICES DOWN THE LINE, YOU WOULDN’T BE SURPRISED. WE WOULD CALL THAT TRANSITORY INFLATION. SO THERE’S ANOTHER ONE THAT IF YOU WENT TO A KID’S BIRTHDAY PARTY AND LOTS OF PEOPLE DID OVER THE WEEKEND, YOU MIGHT ALSO BE SURPRISED. HELIUM IS A BIG PRODUCER OUT OF QATAR. AND BECAUSE OF THE RECENT BOMBINGS IN THAT LIQUID NATURAL GAS FACILITY, WE SAW A BIG SPIKE OF HELIUM PRICES. REMEMBER, HELIUM IS NOT JUST BALLOONS, IT’S ALSO MRI MACHINES, SEMICONDUCTORS, CHIP MANUFACTURERS. THE GOOD NEWS ABOUT HELIUM, HOWEVER, IS THAT THERE WAS A TWO YEAR OVERSUPPLY. SO WE HAVE A LITTLE LEEWAY ON THAT ONE. WE’RE NOT NECESSARILY GOING TO SEE THAT ONE IMPACT PRICES IN THE SHORT TERM. IMMEDIATELY WE MIGHT HAVE A LITTLE. I DID NOT EXPECT YOU TO SAY KIDS BALLOONS THIS MORNING. THAT’S FASCINATING. TH
Making Cents: What personal finance questions do you have?
Do you have a question about personal finance? We want to hear from you. Each week, our money expert will answer viewer questions for our Making Cents segment. Fill out the form below, and your question may be addressed.See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel
Do you have a question about personal finance?
We want to hear from you.
Each week, our money expert will answer viewer questions for our Making Cents segment.
Fill out the form below, and your question may be addressed.
See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel