How Reddit upended Wall Street

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

🗓️ 7 July 2021

⏱️ 87 minutes

🔗️ Recording | iTunes | RSS

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Summary

I start this week with a classic rant… and say what a lot of people are thinking about political correctness in our society. Luke Jacobi, director of operations at Benzinga and host of Power Hour, explains how Reddit’s WallStreetBets became one of the most powerful forces on Wall Street… and how Benzinga grew into one of the biggest financial media companies in the world. He also shares a couple under-the-radar ideas he likes right now. [14:52] Daniel and I discuss the latest regulatory crackdowns in China… and break down why you must pay attention to regulations and geopolitics when investing. We also consider Robinhood’s upcoming IPO… and whether we’ll be buying shares. Finally, we go over the latest Organization of Petroleum Exporting Countries (OPEC) meeting... and the impacts of not reaching a deal on production. [43:48] ---------------------------------------------------------------- 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: --iTunes: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: https://twitter.com/frankcurzio Facebook:. https://www.facebook.com/CurzioResearch/ Linkedin: https://www.linkedin.com/in/frank-curzio-690561a7/ Website: https://www.curzioresearch.com

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial media
0:06.9	to bring you unscripted interviews and breaking commentary direct from Wall Street, right
0:11.6	to you on Main Street.
0:13.0	What's going on there is July 7th.
0:18.4	I'm Frank Curzio, host of Wall Street Unplug Podcasts where I break down the headlines
0:22.0	and tell you what's really moving these markets.
0:29.0	So I hope all of you had a wonderful holiday weekend with the family.
0:33.0	It's been time with my daughters, like fireworks on the beach at a great time.
0:40.0	I'll spend Friday this Saturday with my wife.
0:44.0	I told you guys, last year I was supposed to go to the Motley Crew concert,
0:48.0	which also featured Def Leppett, Poison, really, really cool.
0:54.0	And then Wednesday came along and I started looking at the dates.
0:58.0	And I found out that the tickets I bought were for next year, 2022.
1:03.0	And I have to tell you, I'm pretty thorough with this, but be very careful,
1:07.0	because now that we, you know, my wife posts out on Facebook,
1:09.0	and we're hearing the same story from so many different people about crazy it is.
1:13.0	But when you post or you pull up even ticket master or whatever you go and stop hub
1:18.0	and tickets to the concert for say July in August, they have all the concerts listed as it's this year.
1:25.0	And then when you click it, apparently some of those are for next year.
1:29.0	And even when you check out, you know, I mean, my wife and I,
1:33.0	there's a lot of people I went through anyway.
1:35.0	Maybe I could have looked a little bit harder.
	...

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