If you're bullish, you're crazy

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

🗓️ 29 November 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Black Friday sales set a new record this year… But this isn’t good news for the market. I explain why strong consumer spending is a negative from the Fed’s perspective—and why it will lead to higher interest rates. I’m an optimist—but the current bullish argument for stocks is crazy. I break down why we need to prepare for the most volatile market ever over the next 12–18 months… and why buying put options is the key to protecting yourself—and making a fortune—as stocks crash. Plus, I highlight a popular stock whose business model won’t work in the new, high-interest rate environment. (Speaking of puts, we’re running a special offer on Genia Turanova’s incredible Moneyflow Trader newsletter. Here’s how to lock in your membership at a deep discount.) My best advice is to start doing your homework on companies to bet against as interest rates keep rising. I also share an easy tool you can use to spot stocks to avoid (or buy puts on)... and some red flags to watch out for. Finally, I highlight why China isn’t the growth engine it once was… and why you should avoid companies that rely on the country for sales. In this episode Why strong Black Friday sales are bad news [0:30] Why the bull argument for stocks is insane [3:30] Avoid this popular business model [14:00] Why you can’t rely on growth out of China [29:55] How to make a fortune as the Fed wrecks the economy [40:25] 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, 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.
0:12.6	It's good out there, it's November 29th.
0:20.4	I think I was just a Wall Street Unplugged, so I break down the headlines and tell you
0:29.2	really move in these markets.
0:30.2	I hope all of you had a great holiday weekend, go assume it was a great job of spending
0:38.2	lots of money during Black Friday as sales hit an all-time record most sales ever, ever
0:44.2	ever in history.
0:48.0	Although looking at the numbers, sales were up around 2% year-to-year, and our inflation
0:53.4	adjustment basis sales were probably down 5% year-to-year.
0:57.9	They're not throwing cold water on this sales number, I'm not.
1:03.7	The prices, as you know, are much higher now than they were a year ago.
1:09.5	Consumers were expected to buy a lot of stuff because many are struggling and you're going
1:13.9	to get some nice discounts, we're seeing companies with loads of inventory that they have
1:19.8	to get rid of.
1:20.8	There's a lot of great sales out there, it's kind of expected.
1:26.7	Is this an indication that the consumer is doing well?
1:32.0	You better hope not.
1:34.6	You better hope not.
1:35.6	I don't mean that in a bad way, that I want consumers to be doing bad, but when this impression
1:42.8	like, the economy is okay, do you really want that?
	...

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