How to profit from the debt ceiling drama

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

🗓️ 24 May 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s been an exciting couple of weeks for the sports world. I start today’s show with a quick recap of the most thrilling moments from the NHL and NBA playoffs. The market headlines are currently dominated by several risks—including the debt ceiling debate… the Fed’s plan for interest rates… and the stubbornly high inflation. Yet, for some reason, the TV pundits are calling for the next bull market. I explain the truth about the debt ceiling negotiations… and how to use the resulting market volatility to your advantage. Next, I break down the massive disconnect between what the Fed is saying about interest rates and what the market is betting on. It’s why I keep pounding the table about the tough spot the Fed is in… and why its only course of action is a problem for the stock market. Finally, I share some data on why the current market risks aren’t going away anytime soon. Bottom line: You’d be crazy to anticipate a bull market right now. More declines are coming… Luckily, there’s a simple way to profit from them. Don’t miss tomorrow's episode of WSU Premium. Daniel and I will cover the biggest headlines moving the markets… and share our latest Dollar Stock Club pick. Here’s how to join us: WSUoffer.com. In this episode A recap of the NHL and NBA playoffs [0:30] How to play the debt ceiling drama [3:25] The Fed’s only course of action to fight inflation [11:00] You’d be crazy to bet on a bull market right now [16:40] The best way to profit from market declines [26:35] How to start your fine art collection [28:10] Don’t miss tomorrow’s WSU Premium [32:05] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: 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 mainstream.
0:13.0	Let's go out there, it's May 24th.
0:18.1	I don't think Kursy has the Wall Street Unplug pucks for everybody to handle it, and
0:24.3	duh.
0:26.1	Tell you what's really moving these markets.
0:31.8	So what going on past week or two, I should say, including the NBA and NHL playoffs,
0:42.2	which were awesome up to the conference championships, I think I have to look this up because
0:47.8	maybe the first time in history, I don't know if you guys were watching, I'm a big sports
0:50.6	fan, that the two conference files in NBA and NHL, which are supposed to be super competitive,
0:56.0	right?
0:57.0	These are four best teams they play each other to get into the championships, right?
1:00.6	All of those series started out three, oh, those best seven series, the lake is got swept
1:05.5	by Denver.
1:06.5	Mammy, he was up three, oh, but the Celtics actually play really well last night one Florida
1:11.0	Panthers hockey, they're an 8C great, great story.
1:14.4	It's huge here in Florida.
1:15.4	It's awesome.
1:16.4	We're up three, oh, over the Panthers, over the Cowlina hurricanes, and then you have Vegas
1:21.0	Golden Knights up three, oh, over the Dallas stars.
1:24.6	What's going on?
	...

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