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Wall Street Unplugged - What's Really Moving These Markets

Ep. 415: Jeff Macke Unplugged

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

4.51.1K Ratings

🗓️ 25 May 2016

⏱️ 50 minutes

🧾️ Download transcript

Summary

Jeff Macke, former hedge fund manager and market expert, does not hold back in this special 25-minute interview.  He talks about how malls will never be extinct, why brick and mortar's have a big advantage over Amazon, and why retailers should stop wasting money repurchasing their shares.     Jeff also breaks down the Federal Reserve and how this institution has zero transparency.  This makes it incredibly difficult to trade stocks since the opinions coming from the 17 board members are almost always inconsistent.    Finally, Jeff talks about his future plans after being host of Yahoo! Finance.  This includes reinventing the hedge fund industry.  Jeff says he may look to open up his own fund with a much better fee structure and much better returns.  But he's not promising anything-(although it does sound like Jeff is planning to open up a new fund in the near-term).  Jeff is one of the few analysts in the media who speaks his mind.  He doesn't care who he offends and always has conviction in every stock or sector he recommends.    So whether you agree with Jeff or not... you will know exactly where he stands on many issues after listening to this special interview.

Transcript

Click on a timestamp to play from that location

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

How is it going out there?

0:17.0

It's Wednesday, May 25th.

0:19.0

And I'm Frank Curzier hosted the Wall Street Unplugged Podcast,

0:22.0

why I break down the headlines and

0:26.2

tell you what's really moving these markets.

0:31.2

You know, is anyone sick of all the idiots at the Fed?

0:35.0

And seriously, and I apologize for the rant right out of the gate here,

0:40.0

but I just can't stay quiet anymore.

0:42.0

Some of the past two months or so,

0:46.0

you had Patrick Hawker, president of the Philadelphia Fed,

0:50.0

said, we need to raise rates.

0:52.0

John Williams, San Francisco, says we need to raise

0:56.9

rates. Dennis Lockhart, Atlanta Fed says we need to raise rates.

1:02.8

You have Esther George from Kansas City also saying,

1:05.0

you know what?

1:06.6

We need to raise rates.

1:09.5

Now they made these comments during speeches

1:11.9

or engagement that really not too many people. these comments

1:15.0

get picked up by the media since they move the market sometimes.

...

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