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Wall Street Unplugged - What's Really Moving These Markets

Ep. 473: John Petrides: Favorite lessons from 2016

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

🗓️ 14 December 2016

⏱️ 63 minutes

🧾️ Download transcript

Summary

Welcome back to another episode of Wall Street Unplugged. This week I’m joined by John Petrides – Managing Director and Portfolio Manager at Point View Wealth Management. On today’s episode, John and I look back at the major headlines from 2016. So much has happened… and as a result, we’ve witnessed one of the most volatile years in stock market history. John provides listeners with a step-by-step market review – leading us all the way to today’s rally. Oil prices hit 10-year lows… gold had its best 1st quarter in 30 years… “macro” events like Brexit, and the Election – all have had their place in this years economic roller-coaster. As investors, there are many lessons we must carry-over into the new year. Tune in to hear why John and I are approaching 2017 much differently than last year. Also, It’s about time… The Fed finally raised interest rates – squeezing in one hike in a year that was supposed to have four. What now? As John says, the biggest question lies behind the “language” of the Fed going forward. He explains why investors need to be cautious if interest rates rise faster than expected. Switching gears, John shares with us the biggest post-election headwind for several S&P 500 companies. A tax reform is on it’s way… but that does not mean these stocks are off the hook. This is why I love bringing John on the show. He can give listeners insight on just about any topic. To end the episode, John gets on a roll – giving his outlook on a wealth of sectors. This includes one sector that has been completely overblown… And another that hasn’t traded this cheap since 2009.

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

0:11.7

right to you on Main Street.

0:14.0

How's it going out there? It's Wednesday, December 14th.

0:18.0

And I'm Frank Curzy, I'm host of the Wall Street on Pump Podcast, why I break down the headlines.

0:22.8

And tell you what's really moving these markets.

0:28.2

You know, I wasn't going to make a big deal of this.

0:34.0

I got a ton of emails from you.

0:36.0

I feel compelled to discuss.

0:41.0

Wesley Gray, who's a CEO and CIO of Alpha Architect, money management firm based in Philly,

0:49.4

wrote an interesting article in the Wall Street Journal on Sunday.

0:51.9

A lot of you sent me this article, so you know exactly what I'm talking about.

0:56.0

It's in the expert section, which the Wall Street Journal describes as a group of industry

1:01.0

and academic leaders who weigh in on the topics covered in the Wall Street Journal.

1:06.0

And the article is titled Five Investment Podcast you Should Listen to.

1:12.0

And the reason why so many of you sent me this email and this article

1:17.0

is because my podcast was not on the list. You know, this guy must be crazy.

1:24.1

We all know I have the greatest podcast ever.

1:27.7

Best interviews, best analysis, best stock ideas.

1:30.9

I don't think is anyone in the same class as me.

1:33.0

I have no idea what Wesley was thinking.

1:35.0

I'm so horrible of being arrogant.

...

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