Get ready for a real estate collapse

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

🗓️ 6 December 2022

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

There’s a massive story playing out in real estate right now… And if you’re 100% long stocks, this story should scare the s*** out of you… Real estate giant Blackstone (BX) is halting redemptions in its $70 billion Blackstone Real Estate Income Trust (BREIT). In other words, it’s putting a limit on how much money investors can pull out of the fund. It’s also selling some of its best properties. I look under the hood and explain how Blackstone—and private equity in general—is misleading investors… why real estate could soon plunge 20% from current levels… and the alarming ripple effects that will spread throughout the economy. The bottom line: This is a critical time for investors to start protecting their portfolios. Learn how to make a fortune as stocks crash with Moneyflow Trader. In this episode Why Blackstone is selling incredible Vegas properties [0:35] Why publicly traded REITs are getting crushed [4:20] Why investors were pouring billions into REITs [9:35] Why real estate could plunge 20% in 2023 [15:35] Private equity is lying about its returns [31:40] How to multiply your money as stocks collapse [39:55] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines,
0:05.0	heard on mainstream financial media to bring you unscripted interviews
0:08.7	and breaking commentary direct from Wall Street, right to you on Main Street.
0:12.9	That's gonna thirst December 6th.
0:18.1	I think there's just a Wall Street Unplug Puckets where I break the headlines and...
0:24.3	I'll tell you what's really moving these markets.
0:29.4	It's the Ernie season, basically over, so in the economic front, for now, CPI Fed
0:38.4	Meeting Command next week, it comes to news flow, not so busy, however, there's one
0:48.4	story unfolding.
0:51.8	Did I believe, for sure, who in the biggest theme is heading into 2023?
0:58.8	If you're an investor who is 100% long stocks, what about say right now, should get a crap
1:04.3	out of you?
1:05.3	Let's start on Thursday.
1:10.0	Blackstone announced it's selling its stake at MGM Mentally Bay to great assets located
1:14.8	on the Vegas strip for $5.5 billion, not a big deal, right?
1:20.5	Blackstone is an alternative asset manager with about $900 billion in assets and management,
1:27.1	making it...
1:28.1	It's the largest private equity firm, if not very, very close.
1:31.2	The largest in 2020, I don't know if they are now, but very, very close, fine to buy,
1:36.8	none other than Steven Schwarzen, Legend, and the private equity industry.
1:42.1	In five years ago, it launched a new product called Blackstone Real Estate Income Trust,
1:48.7	B-R-E-I-T, for sure.
	...

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