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Wall Street Unplugged - What's Really Moving These Markets

2 assets to buy as the banking crisis unfolds

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 22 March 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

Frank is moving into his new home, leaving me (Daniel) behind the mic to break down the chaos in the markets—including the banking crisis, today’s Fed meeting, and two asset classes that are rallying as investors worry that the turmoil will spread.   I highlight the wild volatility hitting bank stocks—including First Republic Bank’s (FRC) 40% move in a single trading day… the Fed’s attempts to calm investors… why it seems like the Fed is “shooting from the hip”… and why the headwinds in the banking sector aren’t going away anytime soon.   By the time you listen to this show, the Fed will have announced its decision on interest rates from today’s meeting. I break down what to expect from the market if the Fed pauses rate hikes… and two rallying asset classes that will continue to do well as the Fed tinkers with rates.   I also share a mega-cap stock that should be on your shopping list (hint: it always comes to the rescue during a market crisis).   In this episode  FRC is the poster child of this banking crisis [1:50] How the Fed is “shooting from the hip” [3:15] Why the bank problems won’t end anytime soon [6:00] What to expect from the market following the Fed meeting [11:30] These two assets are rallying amid the turmoil [15:25] Add this mega-cap to your shopping list [18:20] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/   Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/   Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com

Transcript

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0:00.0

Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial

0:06.4

media to bring you unscripted interviews and breaking commentary direct from Wall Street

0:11.5

right to you on Main Street.

0:13.1

How's it going out there?

0:17.7

It's Wednesday, March 22nd.

0:20.6

And you're listening to the Wall Street Unplug podcast.

0:25.3

Normally hosted by the one and only Frank Curzio, but as he's explained over the past

0:32.4

couple of weeks, they can see the light at the end of the tunnel.

0:37.1

The long, over a year long uphill battle of building a new house is finally being done

0:46.2

and they are in the process of moving the long 30-ish miles south from the island here

0:52.5

to Jacksonville.

0:54.2

Have no worries.

0:55.2

He'll be back in the saddle very soon, but today I get to be your guide.

0:59.6

Hello and welcome.

1:00.6

I'm Daniel Creech, Curzio Research Analyst, and I'm the one that works for alongside

1:04.6

behind in with the one and only Frank Curzio.

1:08.5

A great caption for today's podcast would be what's going on.

1:15.8

And just a note for programming and logistic reasons, I'm actually taping this a day

1:20.9

early Tuesday afternoon, markets are rallying, and what do we have that's going on?

1:26.3

We have an ongoing banking crisis or fears over a banking crisis, and then we have this

1:32.4

little news event tomorrow on Wednesday.

1:35.2

We already have this podcast.

...

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