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Wall Street Unplugged - What's Really Moving These Markets

Ep. 58 - Sentiment Indicators Are Flashing Red

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Commodities, Investments, Economics, Trading, News, Stocks, Oil, Uranium, Business News, Crypto, Investing, Crisis, Business, Gold, Industry, Debt, Macroeconomics, Talk, Research, Personal, Geopolitics, Curzio, Finance, Tokens

4.61.1K Ratings

🗓️ 22 December 2010

⏱️ 50 minutes

🧾️ Download transcript

Summary

Sentiment Indicators Are Flashing Red Rich Suttmeier, Chief Market Strategist at Valuengine.com, gives us his 2011 outlook for banks and homebuilders. Frank talks about sentiment indicators and answers your questions.

Transcript

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0:00.0

S&A Investor Radio looks beyond the regular headlines heard on mainstream financial media

0:08.8

to bring you unscripted interviews and breaking commentary direct from Wall Street right to you on Main Street.

0:15.0

How's it going out there? It's Wednesday, December 22nd. I'm Frank Curzier, hosted

0:20.3

the S&A Investor Podcast, why I break down the headlines and tell you it's really moving these markets.

0:26.8

I want to start off today's podcast by saying happy holidays, Merry Christmas,

0:31.8

coming up to Christmas a couple days away.

0:33.8

And I have a funny story for you.

0:35.4

My two year old daughter is in like a pre-school, if it is.

0:39.6

She's almost three years old.

0:41.2

And it's on Tuesday and Thursdays for about two, three hours a day which is cool gives us that me make my wife a little bit of a break but it's pretty cool because it's about 10 10 kids in the class and during the holidays I don't know if it's a Florida thing, but she had like six events to go to.

0:54.0

I mean, we used to have one thing where I grew up in New York when I was a kid and we had like a grab bag of something and

0:58.8

Santa Claus used to come the same day.

1:00.4

And Florida is different.

1:01.8

I guess they figure nobody works down here, but they have like a Christmas dinner. They have a lighting of the tree in town, which you want to bring your kids to, which is part of the school. They have a pancake breakfast also for Christmas. They have a grab bag and

1:14.8

seriously two Santa Claus events, not one but two different Santa Claus events.

1:18.4

And it turns out to be like six different days again, like nobody works down here.

1:21.4

And I have to tell you you know after going through

1:24.2

all this stuff and I didn't go to all of them I try to go as many as I can because I am

1:27.3

busy and of course you want to spend time with your kids and everything but again

1:29.9

six events it for Christmas is a little crazy but But am I the only one that thinks that sitting

1:34.6

on a fat old man's lap with a disgusting beard yelling in a deep voice, ho ho ho is insane? And every kid,

1:42.0

seriously, and this is the first, this is my first experience with this guy. So hear me out here. Every kid was crying when it was their turn to sit on Santa's lap.

...

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