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Wall Street Unplugged - What's Really Moving These Markets

Bank earnings are flashing a warning sign

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

4.51.1K Ratings

🗓️ 17 January 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

I kick things off with some observations from my shopping trip over the weekend. The first has to do with the empty shelves at nearly every store… and the second involves the growing number of homeless people asking for money around Jacksonville. Are you seeing the same issues in your area? (.) Turning to the market, I dig into the latest results from two Wall Street banks… and why the entire banking sector is in for a rude awakening in 2023.  Crypto is surging to start the year, with Bitcoin and Ethereum rising more than 25% over the past few weeks. I break down who’s behind the rally (hint: it’s not retail investors)... and why this “flight to quality” is great for the crypto industry.  While it’s great to see stocks start the year with a rally, there are major risks ahead in 2023. And our Moneyflow Trader service will teach you the best strategy for protecting your portfolio AND making a fortune as the global economy enters a recession. In this episode  My shopping experience over the weekend [0:30] There’s trouble ahead for the banking sector [6:05] Who’s behind the crypto rally? [21:15] How to make a fortune as markets tumble [33:25] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/   : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :

Transcript

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0:00.0

Wall Street Unplug looks beyond the regular headlines,

0:05.0

heard on mainstream financial media to bring you unscripted interviews

0:08.7

and breaking commentary direct from Wall Street, right to you on Main Street.

0:12.7

How's it going out there? It's January 17th.

0:18.9

I'm Frank Krozy, I was the Wall Street Unplug Park, it's our pick the headlines.

0:22.0

And...

0:24.5

I'll tell you what's really moving these markets.

0:30.5

What's it up, more last night?

0:33.5

I'll get some things from my house.

0:35.5

Actually went to a couple furniture stores located in one of the biggest mall areas

0:39.5

where all the stores are, Jacksonville.

0:41.5

It wasn't that crowded, I guess it's expected.

0:44.5

People relaxing after the holidays, take a little bit of break

0:48.5

if they spend money and stuff like that, but I had to tell you,

0:51.5

I don't think I've ever seen this before.

0:53.5

Because some of the stores that I went into with my kids,

0:57.5

they had very little inventory on the shelves.

1:00.5

And there was been critical, including us, of inventory, right?

1:04.5

Inventory levels are so high, you gotta get inventory levels low.

1:07.5

But there's nothing on the shelves for us to buy, right?

1:11.5

So when we're going in there, I was just surprised to see very little,

1:14.5

especially clothing and stuff like that and different things.

...

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