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Wall Street Unplugged - What's Really Moving These Markets

Ep. 436: Frankly Speaking

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

🗓️ 5 August 2016

⏱️ 35 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Wall Street Unplugged looks beyond the regular headlines heard on mainstream

0:06.0

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

What's going out there? It's Friday, August 5th.

0:18.0

And I'm Frank Curzy, I'm Frank Curzy, I'm the Frankly Speaking podcast where I answer all of your questions.

0:25.2

By the market stocks, economy, sports, anything else you want to throw at me.

0:29.2

My greatest podcast is more of your questions that you have said to me through my Wall Street Unplugged Podcast, which I host every Wednesday.

0:36.0

Do you have any questions you want answered?

0:38.0

Just send me an email at Curzio1.com, that's Curzia1.com.

0:42.0

That's Curzia 1.com. Be sure to put frankly speaking in the headline, and you never

0:46.7

know your question, maybe the one I read on this podcast. A bunch of them. Keep those questions coming in a lot of good ones too. Let's start with one from Sid.

0:57.0

This is Frank, I see on C and B.C. aka the Comedy Channel that the labor force participation rate is 62.8% for July, and the unemployment rate

1:07.2

is 4.9%.

1:09.2

Does this mean that 32.3% of the workforce is unemployed?

1:12.8

I'm confused.

1:13.8

Can you explain, please?

1:15.5

Thanks, Frank, you're the best.

1:17.8

Thanks, Sid.

1:18.3

Am I the best because I'm answering this email or I'm just at best?

1:21.7

Hopefully I'm even better now. But the layer of

1:24.9

participation rate when you hear that, you could basically put it on your

1:30.1

computer, print it out, crumple up and throw in the garbage because it's meaningless.

...

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