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Wall Street Unplugged - What's Really Moving These Markets

Inflation isn’t the biggest threat to the market

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Commodities, Investments, Economics, Trading, News, Stocks, Oil, Uranium, Business News, Crypto, Investing, Crisis, Business, Gold, Industry, Debt, Macroeconomics, Talk, Research, Personal, Geopolitics, Curzio, Finance, Tokens

4.61.1K Ratings

🗓️ 13 July 2022

⏱️ 36 minutes

🧾️ Download transcript

Summary

This morning’s Consumer Price Index (CPI) reading came in at a staggering 9.1%... but because the CPI is a lagging indicator, this number leaves out important data that shows we could be near peak inflation. I explain why inflation is no longer the biggest threat to the market… and what’s really concerning me about the economy right now. And Daniel and I debate what the Fed needs to do to bring back the bull market. Could Elon Musk end up in hot water—or even jail—for backing out of his deal to buy Twitter (TWTR)? I recap the dramatic, ongoing spat between Musk and Twitter… and how it’s a battle of who’s more full of s***. Daniel and I disagree about whether to consider Twitter for a trade… and I highlight the biggest risk that no one is talking about. In this episode: Why today’s high CPI reading could represent peak inflation [1:53] The biggest risk to markets right now isn’t inflation [7:10] What we need to see from the Fed for markets to rally [13:50] Could Musk go to jail over the Twitter fiasco? [19:44] Musk vs. Twitter: Who’s more full of s***? [21:50] Is TWTR a good trade? [27:00] The biggest risk to Twitter no one’s talking about [28:40] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: 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

The Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial

0:06.4

media to bring you unscripted interviews and breaking commentary direct from Wall Street

0:11.5

right to you on Mainstreet.

0:13.5

Let's go out there, it's Wednesday, July 13th.

0:18.9

I don't think there's just a Wall Street Unplug podcast where I picked the headlines and

0:23.6

it's a lot of stuff.

0:27.7

Tell you what's really moving these markets.

0:30.4

Today's fun day, Wednesday day, Daniel Creechday, senior analyst, Curzy Research Day, what's

0:35.9

going on, man, that's everything.

0:36.9

Frank, I like that Daniel Creechday.

0:38.5

You know what, today national day is today?

0:40.6

Oh, I didn't.

0:41.6

What is it?

0:42.6

I know, it's ridiculous, there's something for everybody, but today is National French

0:45.1

Friday.

0:46.1

Isn't National French Friday?

0:47.1

I heard that on the way to work this morning, yeah, French Friday.

0:49.2

Yeah, it's every time I look at it, it's like 10 things listed as that day.

0:52.6

Yeah.

0:53.6

I'll say what the most important thing is in my opinion today is it's open eve.

0:57.0

So the open, the the open for golf starts tomorrow over at the old course, the back at St.

1:03.6

Andrews.

...

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