Ep. 413: Retail Expert Sees More Pain Ahead

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

🗓️ 18 May 2016

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kristin Bentz, retail expert and founder of The Talented Blonde, talks about the recent crash in retail stocks and what it means for the markets. She breaks down the latest spending patterns of consumers and highlights which segments will be the winners and losers within the retail sector over the next few months. Kristin then talks about the huge risks facing mall operators. This segment is seeing one of its biggest sales declines since the credit crisis. And Kristin sees much more pain ahead as department stores - who just reported horrible quarterly results - will have no choice but to close lots of stores over the next few years. Finally, Kristin recommends her favorite individual stocks that will outperform the markets. She also shares some interesting stories from her visit to the SALT conference - which is one of the most prestigious investment conferences in the world held in Las Vegas every May.

Transcript

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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.
0:14.0	There's a go down here, it's Wednesday, May 18th.
0:19.0	I'm Frank Curzy, a host of the Wall Street Unplugged Podcast,
0:22.6	why break down the headlines.
0:24.0	End.
0:27.0	Say you, it's really moving these markets.
0:31.0	May 18th, very important day.
0:34.0	On this day, Russian troops invaded Poland in 1792.
0:38.0	The polling was proclaimed emperor of the French state in 1802.
0:42.0	New York City ended night. Emperor of the French State in 1802.
0:43.0	New York City ended night baseball games for the rest of World War II back in 1942.
0:50.0	Pope John Paul II's birthday.
0:53.0	Also, Chow Y on Fatsburg.
0:55.0	Remember that guy?
0:56.0	I love that guy.
0:57.0	I don't know what happened to him.
0:58.0	Crouching Tiger Hidden Dragon.
0:59.0	Best movie ever.
1:00.0	It's also National Golf Day, which I never knew existed until today.
1:05.0	I'm probably going to try to play golf after this.
	...

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