Disney just replaced one bad CEO with another

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

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

4.6 • 1.1K Ratings

🗓️ 22 November 2022

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Disney’s (DIS) board of directors … But they replaced one bad choice with another: former CEO Bob Iger. Meanwhile, the media is shocked over Disney’s dismal streaming results and stock performance—but no one should be surprised. I explain why analysts refuse to downgrade the stock… what Iger should do as he takes back the “House of Mouse”… why the next few quarters will be terrible for Disney… and how I would play the situation. Best Buy (BBY) is in rally mode following a better-than-expected earnings report. I highlight what’s behind the earnings beat... what the results say about the consumer... and why you should expect crazy deals this Black Friday. In this episode Happy Thanksgiving week! [0:30] Why Bob Iger is a bad choice for Disney’s CEO [1:57] Why Wall Street loves Disney [7:10] Iger has some tough choices ahead [16:45] Best Buy’s results aren’t as good as they look [31:28] 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
0:07.0	to bring you unscripted interviews and breaking commentary
0:10.0	direct from Wall Street, right to you on Main Street.
0:16.0	Let's go down there, it's November 22nd.
0:20.0	I think it was just a Wall Street Unplug,
0:21.0	it's where I break that headlines, and...
0:24.0	Uh...
0:29.0	Tell you what's really moving these markets.
0:32.0	Happy Thanksgiving Week.
0:35.0	I hope you're not working too hard, this is week.
0:38.0	Tell me your families enjoying the kids being home the entire week.
0:43.0	What did that happen?
0:45.0	The kids start getting off the entire week for Thanksgiving.
0:48.0	Wasn't like that when I was going to school.
0:50.0	It was maybe a half day on Wednesday.
0:53.0	Well, if Thursday and Friday and back to school,
0:55.0	now it's the whole week off.
0:58.0	Imagine that, planning all this stuff,
1:00.0	everybody coming to your house, cooking.
1:04.0	How do you do that when you're kids in your face all day?
1:06.0	It's not easy.
	...

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