Ep. 547: Steve Koomar: This could be Amazon’s next big acquisition

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

🗓️ 30 August 2017

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome back to another episode of Wall Street Unplugged. For many investors, Amazon's Whole Foods acquisition was the death knell for brick and mortar retail… This week, Steve Koomar, former derivative trader at Goldman Sachs and editor of Vigilante Investor, breaks down the acquisition… but explains how retail's downward spiral has created one of the largest disconnects in the market today. This disconnect, Steve says, has opened the gates for private equity firms or companies like Amazon – companies desperately looking to improve earnings – to scoop up exceptional brick and mortars at rock-bottom valuations. He also shares a list of companies that could be the next takeover target… and fantastic opportunities for value investors… In addition, Steve explains why the iron and steel industry is poised for a sharp turnaround... and three "disruptive" tailwinds for U.S. producers going forward. But don’t sign off once Steve leaves. For this week’s Educational Segment [52:10], I'll give you an important oil sector update… and discuss one of the greatest arts of investing: Learning how to adapt. As always, thanks for listening and good investing! Frank Curzio

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	What's going out there? It's Wednesday, August 30th.
0:18.0	I'm Frank Curzy, I'm host of the Wall Street Unplugged Podcast,
0:21.0	why I break down the headlines.
0:22.0	End. Street Unplugged Podcast, why I break down the headlines and tell you what's really moving these
0:27.2	markets.
0:28.2	You usually like to open up with an entertaining story.
0:34.0	In normal circumstances, I talk about the Mayweather fight
0:37.0	and how everyone who paid for the fight,
0:39.0	including me, should thank Floyd Mayweather
0:41.0	for making that a much longer fight than it had to be.
0:44.0	Since he didn't throw a punch, he threw maybe five punches around for the first three rounds.
0:49.0	You know, trying to get him tired, I think he could have took him out a lot earlier.
0:52.8	I mean, he finally ended in the 10th.
0:54.8	You know, McGregor didn't throw a power punch from round 4 through round 10,
0:59.2	because he just was exhausted.
1:00.9	McGregor did do much better than I expected.
1:03.6	I mean, he did definitely take the fight seriously.
1:05.6	And you have to love the guy.
1:07.6	I wears it hard on his sleeve saying, you know, I was doing great.
	...

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