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Wall Street Unplugged - What's Really Moving These Markets

Don’t buy into Powell’s ridiculous claim

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

🗓️ 3 November 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Yesterday, the Fed held its November meeting and raised interest rates by 75 basis points.  We break down the market reaction to the Fed… why the Fed won’t pivot… an absurd comment Powell made during his press conference… why you need to brace for further downside… and how to rake in profits as that happens. As earnings season continues, we discuss the record results from power management company Eaton (ETN)... what pawn shop operator FirstCash Holdings’ (FCFS) strong earnings say about the economy... and how energy policies are letting one coal company—a Curzio Research Advisory holding—print cash. In this episode  The market’s up-and-down reaction to the Fed meeting [0:30] Powell’s ridiculous comparison on historical interest rates [6:45] Eaton’s record earnings [9:15] What one pawn shop operator says about the economy [18:00] Energy policies mean this coal company is printing cash [23:40] How to profit as the market plunges [32:27] 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/ : https://www.curzioresearch.com

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 mainstream.

0:16.0

That's gone out there, it's November 3rd.

0:18.0

I'm pretty encouraging us to Wall Street Unplug pockets

0:20.0

where I break down the headlines and...

0:26.0

Try to tell you what's really moving these markets.

0:30.0

There's a interview day, but I want to bring down

0:32.0

Creech Sense.

0:33.0

We really wanted to break down the Fed,

0:36.0

the reactions to the meeting, positive, negative,

0:38.0

positive, negative.

0:39.0

Dang, what's going on?

0:40.0

What are your thoughts?

0:41.0

Hello, Frank.

0:42.0

It's not very difficult to say what's moving the markets.

0:44.0

Now, hell, it's the Fed into podcasts.

0:46.0

That's a wrap.

0:47.0

It's going to have a cocktail.

0:48.0

See you next week.

0:50.0

Yeah, we were all fair.

...

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