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Wall Street Unplugged - What's Really Moving These Markets

Ep. 74 - How to Make Money Trading Currencies

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

🗓️ 13 April 2011

⏱️ 56 minutes

🧾️ Download transcript

Summary

Andrew Hororwitz, host of the Disciplined Investor, talks currencies, the end of QE2, Apple, and the best sectors to invest in today. Frank breaks down Alcoa's weak earnings and tells us why most large-cap banks should be avoided.

Transcript

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0:00.0

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

0:08.9

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

0:13.0

Right to you on Mainstream.

0:15.0

How's going out there?

0:17.0

It's April 13th, and I'm Frank Curzio

0:19.0

hosted the S&A Investor Podcast

0:21.0

where I break down the headlines and tell you what's really

0:24.0

moving these markets. It was kind of interesting this week my wife was doing the

0:28.8

bills, she was in the monthly bills and she handles all the finances for over five years and we kind of joke around because I say a secret account is probably huge right now

0:37.6

But we just kid around but she's been a huge help for me. She you know, it's very good doing it. It does the finances for me and Anyway, know it's very good doing it does the finances for me and

0:43.0

anyway she told me that nearly every one of our bills is higher than last month

0:48.8

so we have electricity water Comcast direct TV you know, Phone Bill, the Nailshops even goes to, they raise prices when

0:56.2

she gets pedicure, you know, for most of you out there, I know this isn't surprising, it wasn't

1:00.7

surprised to me and you know when companies do report you're going to hear that every one of them is raising prices when they report in the current quarter which Alcoa just launched off earnings a couple days ago

1:10.1

And I also receive several emails from listeners which I love received several emails from listeners, which I love to receive emails from

1:14.6

listeners, F.Kursia, at sandberry research.com.

1:17.0

Doesn't matter what you do, a company you work for.

1:19.2

I love receiving those emails.

1:21.2

And a lot of listeners said that their company that they

1:23.8

work for is also raising prices. But what was interesting is they're not

1:28.4

raising prices by 3 to 5 percent. They said they're raising prices by like 7 to 10

1:32.3

percent, very, very large amounts which I was surprised to see

...

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