Ep. 443: Why the U.S. Economy WILL NOT Collapse

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

🗓️ 31 August 2016

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

Steve Koomar, former derivative trader at Goldman Sachs and editor of the Vigilante Investor newsletter, explains why the fears of a U.S. economic collapse are completely overblown. He believes the U.S. economy is "exceptional" and will always be the premier destination for capital due to its "unparallel geographic advantages." Steve then talks about his favorite sectors to invest in right now. They include depressed areas like natural gas, agriculture, and ethanol. He says the fundamentals in these sectors are turning positive and stocks are still dirt cheap. Finally, Steve shares his top stock picks within these sectors. He believes each name has incredible upside over the next 12 to 18 months.

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.
0:16.0	How's it going out there? It's Wednesday, August 31st.
0:18.0	I'm Frank Curzy, I'm Frank Curzy, I'm host of the Wall Street Unplugged Podcast, where I break down the headlines.
0:22.6	End!
0:23.6	Tell you what's really moving these markets.
0:27.4	Yeah, you guys are real lucky to have me.
0:31.0	That's right, I'm on a power trip today to boost my confidence. Just kidding. Just
0:38.9	just actually warming up here because I haven't done this in a while. Here comes one of your world-class famous kersio rants because I just
0:48.0	can't hold back any longer. Now I was watching the NBC C.M.C. over the past few days.
0:54.0	I have a TV in my office.
0:56.0	Usually keep it on mute.
0:58.0	We'll turn it loud on once I see a topic that interests me.
1:01.0	For the past few days I'm really turning into
1:04.2	C and B. Say much more than usual.
1:08.5	And I have to tell you, the stories
1:11.1	that they are running that they're talking about are terrible.
1:15.0	I mean the network has almost become a circus right they're trying to have the
1:19.9	greatest show on earth that's what TV's about. And let me tell you, I understand the entertainment
1:25.6	factor in anything, even in a newsletter business, right? America is a dead nation. We're all going to
1:31.1	live in caves. Our kids in huge trouble, since they have to pay down their debts.
	...

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