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Wall Street Unplugged - What's Really Moving These Markets

Ep. 248 Chris Mayer: A U.S. Debt Crisis Will Never Happen

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

4.61.1K Ratings

🗓️ 13 August 2014

⏱️ 64 minutes

🧾️ Download transcript

Summary

This week, Chris Mayer, editor and founder of Capital & Crisis, joins S&A Investor Radio to break down the markets and shares his favorite places to invest in right now.He highlights how investors have been blinded by fear – and have missed out on huge gains in stocks.You'll also hear him share some of his favorite ideas – including two small companies I'm sure most investors have never heard of.And... will the U.S government never have a debt crisis like Greece? Find out why Chris says there is zero chance the U.S. will have a fiscal crisis like Greece or Argentina.Plus, marijuana stocks are all over the media, but which ones should you avoid at all costs? Here you will get all the details.

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, right to you on Main Street.

0:15.0

As it going out there, it's Wednesday, August 13th,

0:18.0

that I'm Frank Curzier hosted the SNA Investor Podcast

0:21.0

where I break down the headlines and tell you what's really moving these markets.

0:29.1

I want to really thank you for all the emails. So many of you reached out.

0:33.8

Yes, I was really sick last week, over 104 fever

0:36.6

for like three to five days, tonsilitis.

0:40.0

I mean, those things I could handle a little bit,

0:41.7

but with my recent back surgery I have bone

0:44.8

marrow that's replacing one of my discs so when you have that high of fever

0:49.2

your bones really kill you so I had trouble walking and everything. It was pretty bad. I was like

0:53.6

rethinking life. You know, I was like, wow, what if I die? What am I going to do?

0:57.6

And so, I mean, that's how sick I was. It was pretty crazy. But, you know, just different things,

1:03.6

rethinking like how I need to take it easy.

1:05.3

I took something like 20 flights in the past two months.

1:07.8

And it was going out a lot and drinking a lot and stuff like that.

1:11.0

But I did stay up late because you work on the road you

1:13.8

get my newsletter updates out on time and stuff like that just a lot of work non-stop

1:18.2

and I guess I was just doing a lot of traveling it stems from not being able to do

1:22.4

much because of my back I can can't play golf, can't play basketball, really exercise right now outside of swimming. So I use that opportunity to really travel a lot, meeting a ton of great contacts, mining experts, hedge fund managers,

1:34.0

just looking for new ideas for both my newsletters,

...

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