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

to bring you unscripted interviews and breaking commentary direct from Wall Street, right to you on Main Street.

Good day everybody and thank you for tuning in to the Wall Street Unplug podcast.

On this Thursday January 5th, 2023, I'm your fill in your transitory guest host, Daniel Creech, research analyst here at Curzio Research.

Yes, I'm the one that works for alongside behind in with the one and only Frank Curzio, who continues to be at the consumer electronics show in Las Vegas as he hinted at on Tuesday's program.

I filled in yesterday for the first time today is day two of that.

Always a pleasure. Email me, Daniel at Curzio Research.com with your feedback, good or bad, Daniel at Curzio Research.com.

Got an update from Frank out in Las Vegas as well as a couple of interesting news stories that I find intriguing and I'll explain why you should give a flying Florida about these as well.

In the help to just shape us individual investors on how to think through what's going on around the world around us or in the world around us related to the economy.

First, we're going to talk about Frank out in Viva Las Vegas.

He's in meetings constantly throughout the day with all kinds of companies big and small.

Once you've heard of such as auto manufacturers, Sony, etc.

But also a lot of smaller companies and this year he's excited about a couple of things he mentioned on Tuesday's podcast about it being a huge year for the tech industry in general because tech had such a down year NASDAQ was down over 30% in 2022.

A lot of those stocks have gotten hit hard, a lot of publicly traded companies.

That transition, a lot of publicly traded companies have gotten hit hard, a lot of private companies are even in worse shape as funding dries up.

The high cost of capital as interest rates rise makes it more difficult to gain investors as a whole.

And then the real kicker is when the market doesn't reward just growth, but looks for fundamentals and value where you have to take that money, those investor monies work and improve your products to where they become profitable.

That's a huge transition. That's one of the reasons this is a really exciting time at the CES.

Frank was telling me that one of the big announcements is Orbit, spoke O-O-R-B-I-T.

The company that's building the technology platform powering the metaverse, which is your combination of reality, augmented reality, artificial intelligence, etc.

Better social media experiences, what's going to play out over years.

But Orbit today announced its first of its kind partnership with manufacturer LG, the smart TV maker.

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