4.6 • 1.1K Ratings
🗓️ 9 January 2013
⏱️ 68 minutes
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0:00.0 | S&A Investor Radio looks beyond the regular headlines heard on mainstream financial media |
0:07.0 | to bring you unscripted interviews and breaking commentary direct from Wall Street, |
0:11.0 | right to you on Main Street. |
0:15.0 | How's it going out there? It's Wednesday, January 9th, and I'm Frank Hersio, |
0:18.8 | host to the SNA investor Pop Up Dance where I break down the headlines and tell you what's really moving these markets. |
0:26.0 | Welcome to the new year, great start to 2013. |
0:31.0 | The markets are up because our wonderful politicians agree on a plan to help us |
0:37.1 | avoid the physical cliff. |
0:40.1 | Yes, that's what my exterminator calls it. |
0:42.1 | Call it the physical cliff comes by, sprays my house once every three months, |
0:46.0 | also goes upstairs, where I have my studio, so he knows. |
0:49.0 | I do a financial podcast and everything. |
0:50.0 | So he tries to talk to me about stocks all the time and I was leaving going out |
0:54.9 | pick up my kids and he's like yeah that physical cliff is crazy you know thank |
0:59.4 | God we solved and I was worried you know and I'm not poking fun of him mean, I bet the guy can name every bug that lives in Florida and I really don't know crap about bugs. |
1:08.0 | But the point here, a lot of people don't even know what the physical cliff is or what it was, at least was. |
1:15.6 | Yeah, it still is actually. |
1:18.9 | And the media did such a great job scaring the hell out of the public, right, every single day, thinking that they're going to lose their house if the deal doesn't get done. |
1:27.0 | And even my mom called me about it. |
1:29.0 | You know, understand how crazy this was. |
1:32.0 | You didn't really hear about the fiscal cliff before the lecture. you know |
1:33.0 | really hear about the fiscal cliff before the election until after the election |
... |
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