RUSH TRANSCRIPT Liz with ░░░░░░░░ 3 1 2 minutes ░░░░░░░░ go we do want ░░░░░░░░ check back on discovery ░░░░░░░░ AT T Both are ░░░░░░░░ Now if you look ░░░░░░░░ discovery we do have ░░░░░░░░ down 5 AT T ░░░░░░░░ losses going into the ░░░░░░░░ have increase ad bit ░░░░░░░░ re down 2 8 ░░░░░░░░ their you could call ░░░░░░░░ a merger spin off ░░░░░░░░ off merger of the ░░░░░░░░ assets that AT T ░░░░░░░░ from warner media going ░░░░░░░░ a new entity under ░░░░░░░░ Both these names were ░░░░░░░░ lot higher 12 hours ░░░░░░░░ it wouldn t be ░░░░░░░░ Before the market opened ░░░░░░░░ re watching it for ░░░░░░░░ Our countdown closer says ░░░░░░░░ market itself is overpriced ░░░░░░░░ as it falls a ░░░░░░░░ bit right now he ░░░░░░░░ three names he says ░░░░░░░░ the ones that you ░░░░░░░░ to look at Annandale ░░░░░░░░ CEO George Seay has ░░░░░░░░ billion under in assets ░░░░░░░░ management Are they less ░░░░░░░░ when you look to ░░░░░░░░ price earnings ratio What ░░░░░░░░ are you judging them ░░░░░░░░ Good afternoon Liz The ░░░░░░░░ market is pretty rich ░░░░░░░░ s a market of ░░░░░░░░ not a stock market ░░░░░░░░ can find pockets of ░░░░░░░░ stocks out there if ░░░░░░░░ look really hard All ░░░░░░░░ are commodity related stocks ░░░░░░░░ resources is upstream natural ░░░░░░░░ company enterprise partners is ░░░░░░░░ pipeline company located in ░░░░░░░░ eog is the most ░░░░░░░░ respected independent upstream oil ░░░░░░░░ in the country They ░░░░░░░░ produce gas too They ░░░░░░░░ all still really inexpensive ░░░░░░░░ have the easiest tell ░░░░░░░░ was coming ever through ░░░░░░░░ pandemic because the Fed ░░░░░░░░ government made it very ░░░░░░░░ they would inflate our ░░░░░░░░ out of this thing ░░░░░░░░ when you get a ░░░░░░░░ that strong you need ░░░░░░░░ be in commodity stocks ░░░░░░░░ estate stocks and overseas ░░░░░░░░ because the dollar weakens ░░░░░░░░ other currencies Liz do ░░░░░░░░ think George the Fed ░░░░░░░░ have to break from ░░░░░░░░ stance at the moment ░░░░░░░░ re not touching 0 ░░░░░░░░ quarter of a percent ░░░░░░░░ until 2023 Look at ░░░░░░░░ pricing we ve seen ░░░░░░░░ everything from basic materials ░░░░░░░░ soft commodities It is ░░░░░░░░ We had more inflation ░░░░░░░░ year since we had ░░░░░░░░ the early 80s as ░░░░░░░░ prior guest mentioned I ░░░░░░░░ it is unfortunate bad ░░░░░░░░ markets and the economy ░░░░░░░░ the same time but ░░░░░░░░ Fed will have to ░░░░░░░░ that earlier than hoped ░░░░░░░░ Fingers crossed that the ░░░░░░░░ is tamped down but ░░░░░░░░ m not counting on ░░░░░░░░ Liz the best way ░░░░░░░░ be poxed George is ░░░░░░░░ Historically Liz commodities do ░░░░░░░░ very best by far ░░░░░░░░ inflationary times Then real ░░░░░░░░ and equities Sometimes equities ░░░░░░░░ t make money in ░░░░░░░░ periods Overseas stocks with ░░░░░░░░ that have catchup to ░░░░░░░░ The oil and gas ░░░░░░░░ was the most hated ░░░░░░░░ abandoned sector in the ░░░░░░░░ of the market there ░░░░░░░░ plenty of room for ░░░░░░░░ prices to keep getting ░░░░░░░░ The massive run they ░░░░░░░░ had this year is ░░░░░░░░ over yet Liz George ░░░░░░░░ a lot We appreciate ░░░░░░░░ George Seay live from ░░░░░░░░