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Wall Street Unplugged - What's Really Moving These Markets

Ep. 85 - Why Stocks Remain the Best Asset Class

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

🗓️ 29 June 2011

⏱️ 47 minutes

🧾️ Download transcript

Summary

ValuEngine’s chief market strategist, Rich Suttmeier, breaks down housing and the economy. Frank talks about stocks you should be buying right now.

Transcript

Click on a timestamp to play from that location

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 it going out there?

0:18.0

It's Wednesday, June 29th, and I'm Frank Curzy, you're hosting your S&A Investor

0:22.0

Podcast, where I break down the headlines and tell you what's really moving these markets.

0:27.0

I woke up this morning, Wednesday, today, watching this Greek vote on austerity measures thing in

0:34.1

c and I have to give them an A for drama.

0:37.8

And Michelle Cabruso Cabrars in Greece, you know there's loud noises that they're amplifying.

0:43.3

It sounds like bombs. They're going off as parliament implements this vote and

0:48.0

it went off at, I believe, like 9 a.m. which is Wednesday today.

0:51.5

You have Simon backing the Europeans basically saying that the

0:55.3

US doesn't have enough guts to do something like this or basically saying that the

0:59.2

US will continue to kick his problems down the road instead of providing us

1:02.1

staring measures and cutting costs or raising taxes or

1:04.1

whatever they're going to do in Greece to actually you know save the economy

1:07.4

which I think it's gonna be very difficult.

1:10.6

Yeah Becky quick call Cantonese thinking you know they're talking to Simon, thinking he's crazy,

1:14.8

the US is great, and you know, in the meantime, they have great protesters surrounding the

1:18.3

parliament building saying they might not let anybody out.

1:21.2

So, you know, they're going minute by minute on how many votes are needed

1:23.8

so I gotta tell you you know my take did anyone expect this vote not to pass I

...

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