Inflation is surging again

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 January 2023

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

We had a wild start to the trading day, as a glitch caused some big-name stocks—including McDonald’s (MCD), ExxonMobil (XOM), and Wells Fargo (WFC)—to drop double digits in seconds… Before diving into the markets… I give a shoutout to my beloved Philadelphia Eagles, who are heading to the NFC Championship game against the San Francisco 49ers. Stocks are rallying as more investors are anticipating a soft landing for the economy. But the truth is that the market is incredibly dangerous right now. I break down several headwinds—including why the upcoming rate hikes will rattle the market… why China is no longer a growth engine… proof that inflation is surging again… and a warning from one of the most accurate Wall Street analysts. Bottom line: Investors need to be more cautious than ever. I share the perfect strategy to protect your long positions and make a fortune as a recession drags down the market. In this episode A concerning market glitch to start the trading day [00:30] Recapping the NFL matchups from this weekend [1:35] The Fed… China… And other headwinds make for a dangerous market [8:12] Inflation is surging once again [15:40] The perfect strategy for today’s treacherous conditions [27:00] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Tuesday, Wednesday, and Thursday: 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 Mainstrum.
0:12.6	Let's go to that there's January 24th.
0:18.2	My friend Kyrgyz is the Wall Street Unplug, it's where I break down headlines and...
0:28.1	Tell you what's really moving these markets, it's going to start off with the Eagles.
0:33.1	Check out 10 a second, but taping this early in the day market just opened, it was kind
0:40.8	of weird.
0:41.8	I don't know if it's going to be a big story later, probably not, but Exxon opened up
0:44.4	down 7, he literally was up 7, Wells Fargo was down 11%, McDonald's down 6%, they started
0:49.8	holding stocks, they had a tech glitch, I don't know if they figured it out, I think they
0:52.9	finally figured it out, but it's just weird, I'm hoping that it's not going to be a
0:57.5	big story.
0:58.5	I don't think I've ever seen that happen before, which is a glitch in certain stocks,
1:02.5	not every stock, but it's usually like, okay, we have a big glitch, whatever.
1:06.2	But to see, be careful with those, just throw those orders in the market, because you might
1:11.4	have got triggered and you might have got screwed today, it's going to be interesting
1:13.6	when people talk about it later.
1:16.7	But again, it might be nothing, it might be something, it was just something that's different
1:20.6	that I have never seen before and it looks like it's straightened out right now, but it's
1:23.7	going to be interesting what they say about it later because I haven't really heard any
1:27.1	excuses.
	...

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