Ep. 241 Debra Borchardt: It's the End of the World as We Know It

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

🗓️ 25 June 2014

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week Debra Borchardt, market analyst for TheStreet, joins S&A Investor Radio to break down the markets.Frank starts the show by poking fun at the terrible market calls made by analysts and stock gurus over the past five years.You'll hear him go through several predictions that could not have been more wrong.Market analyst Debra Borchardt joins in to talk about marijuana, retail spending, homebuilders and the reasons why she is joining Frank's research team at S&A.Then Frank goes through some of the major headlines including: Janet Yellen, the U.S housing market, the Fed, and fracking...And, hopefully you are paying attention because his favorite companies in the oil industry are revealed. Grab a pen because he gives you their ticker symbols.

Transcript

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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, June 25th, and I'm Frank Curze.
0:19.0	Host of the SNA Investor Podcast, why I break down the headlines and tell you what's really
0:25.2	moving these markets. Speaking of markets, man, the bull out there. Really bought this week so I put together a few notes just
0:36.4	put in perspective of our Bull market and why you shouldn't listen to anyone so
0:41.6	yes here it comes.
0:43.1	Another rant.
0:44.1	People like my rant sometimes.
0:46.0	Most of the time people complain about them.
0:48.3	But here's an interesting rant.
0:49.8	And here we go.
0:52.2	Peter Schiff in 2009, 2010.
0:55.0	Peter Schiff was wanting about hyper-inflation.
0:58.0	Said in 2011, the market will crash.
1:01.0	He actually said we probably won't make it to 2012. I have no idea what
1:05.4	that actually means. In 2013 he writes a book called The Real Crash. It's 2014
1:11.9	stocks are at record highs. His net worth is 70 million. His clients net worth?
1:18.6	Huh, let's not go there. Harry Dent in 2010's and the Dow Jones will fall to 4,000 and it could hit 2,200 by 2012.
1:29.3	It's near 17,000 today. Dent was off by 1 million percent and still has a job. In 2012, again, predicts
1:38.7	the market's about to crash. Today, guess what Dent is predicting?
	...

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