Don’t trust the Fed to stop inflation

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

🗓️ 12 May 2021

⏱️ 92 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kiersten Crum was in college when the COVID-19 pandemic struck. After her campus shut down, she moved home and began working at a grocery store… Today, she’s a successful investor, trader, and financial influencer on TikTok. Kiersten shares her inspiring story and why she’s passionate about educating young investors. She also explains her methodology for finding great ideas in the market… and how she balances long-term investing with day trading. [33:50] The latest inflation statistics were released today. As inflation continues to move higher across the board, Daniel and I explain why you shouldn’t trust the Fed to do the right thing. We also discuss the Colonial Pipeline shutdown... and the market’s wild volatility. [57:01] Today’s episode of Wall Street Unplugged is sponsored by Blockchain.com… one of the most trusted cryptocurrency platforms in the world, with over $800 billion in transactions since 2011. Not only can you trade your favorite cryptos... you can earn up to 13% interest annually on digital assets like bitcoin, ethereum, and USD Tether. Start your account today on Blockchain.com. 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 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 May 12th.
0:18.0	I'm Frank Cursey, host of the Wall Street Unplug Podcast,
0:21.0	where I break down headlines and...
0:24.0	I'll tell you what's really moving these markets.
0:29.0	I had an interesting weekend.
0:33.0	It's my car. I have a Lincoln Navigator.
0:37.0	Nice car. I have abort my life.
0:39.0	Really, really cool. 2018. And we leased it.
0:42.0	And it leases up next month.
0:45.0	So I figured on Saturday we'll take the day.
0:47.0	I got a babysitter.
0:49.0	Went out to the dealership to see what our options are.
0:51.0	Maybe get a newer version.
0:54.0	We drove all the way out there to Jacksonville.
0:57.0	And there was nobody in these shops, which was a little weird.
1:03.0	You think about it, right?
1:04.0	You think used cars are really going through the roof.
1:07.0	We saw that in the CPI data.
1:08.0	I'll go cover that in a minute.
	...

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