Don't make this mistake when searching for income (Ep. 696)
Wall Street Unplugged - What's Really Moving These Markets
Frank Curzio
4.5 • 1.1K Ratings
🗓️ 20 November 2019
⏱️ 62 minutes
🔗️ Recording | iTunes | RSS
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Summary
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| 0:00.0 | Wall Street Unplugged looks beyond the regular headlines heard on mainstream |
| 0:06.1 | financial media to bring you unscripted interviews and breaking commentary direct from Wall Street |
| 0:11.8 | right to you on Main Street. |
| 0:16.0 | How's it going out there? It's November 20th. |
| 0:18.0 | I'm Frank Curzy, hosted the Wall Street Unplugged Podcast, |
| 0:21.0 | why I break down the headlines. |
| 0:22.0 | End. unplugged podcast, why I break down the headlines. And tell you what's really moving these markets. |
| 0:29.6 | Holy cow, did you guys see the numbers for retail? |
| 0:34.2 | And retail companies are reporting. It's the end of earning season, |
| 0:36.2 | and they report towards the end of earning season, |
| 0:37.6 | but they all reported pretty much in the last four or five days. |
| 0:40.7 | You have Macy's come out tomorrow. |
| 0:41.9 | It should be interesting. I would be surprised if that stock |
| 0:43.7 | falls because it's gotten crushed so much going into the quarter especially when we've seen recent results out there |
| 0:51.5 | especially from these these big box retailers. |
| 0:55.0 | As you know, I follow this sector for a long time, pretty good telling you when to buy it, when |
| 0:59.9 | not to buy it. |
| 1:00.9 | People always say the sector's dead, the mall is dead, these |
| 1:03.8 | outlets are dead and stores are closing and they're right with the store |
| 1:07.0 | closures but you can't say it's dead. I mean it's definitely an industry is |
| 1:11.4 | decline but they're still trying to find their way just like online companies and e-commerce like a hundred percent e-commerce sites and we've even seen Amazon come on and Walmart come on and say that there's a big move into big box retailers because people just like to see things. |
| 1:25.6 | They like to touch them. |
... |
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