It’s the Perfect Time to Buy the World’s Most Hated Sector (Ep. 623)

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

🗓️ 20 June 2018

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Financials are down almost 20% on the year… close to bear market territory. But the Fed releases stress test results tomorrow. The banks that pass will be allowed to significantly raise their dividend and launch huge buyback programs… On today’s show, I’ll tell you about about the huge short-term catalysts ahead for this dirt-cheap sector. I also talk to Nate Flanders, cryptocurrency expert and founder of crypto trading exchange Mandala. He and I recently traveled to New York to meet with potential cryptocurrency investors. And we share some exciting details from our trip... Nate also discusses how coming industry regulations will lead to hundreds of millions of institutional dollars pouring into this sector. Trust me, you’ll want to hear this.

Transcript

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0:00.0	Wall Street Unplugged looks beyond the regular headlines heard on mainstream
0:06.1	financial media to bring you unscripted interviews and breaking commentary direct from Wall Street
0:11.8	right to you on Main Street.
0:14.0	There's going out there, it's June 20th, and I'm Frank Curzy,
0:18.0	host of the Wall Street Unplugged Podcast, why I break that headlines.
0:21.0	End. Guess why break down a headlines and tell you what's really moving these markets.
0:26.7	Man, I don't know how you do it.
0:30.9	I really don't know how you do it. I really don't know how you do it or how the average
0:36.8	investor can hold stocks in their portfolio long term, especially if you're watching the financial news outlets or reading
0:47.9	financial blocks.
0:50.2	If you're looking at the stories that come out now, every story is inflated.
0:54.0	It has to be the biggest story of the year, even if it's not exciting, even if it's not newsworthy.
0:59.1	And you see that during certain times.
1:06.2	It usually happens a month after earnings season because every company's got so much going on, this crazy stuff, you get ready, report your earnings.
1:11.8	And once they do that, there's pretty much a quiet period
1:14.3	all the time afterwards all the time before.
1:16.0	But earnings season, there's constant news flow,
1:18.4	what's going on, who beat, who didn't?
1:20.2	You know, you're talking about thousands of companies reporting every single quarter because we need to report every single quarter for some reason
1:27.2	I'll let you know exactly what's going on right even though every month business could change dramatically
1:31.4	That's why it's financial engineering
1:33.2	and pushing out contracts, long term, short term, whatever.
	...

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