Politics are to blame for Target's store closures

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

4.6 • 1.1K Ratings

🗓️ 27 September 2023

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Frank is out of the office on a research trip… leaving me, Daniel, behind the mic. Target’s (TGT) shares are near 52-week lows after it announced it will be closing nine stores due to rampant theft. It’s a troubling sign that will have a big impact on local economies. I highlight how it’s the latest example of the problems that happen when politicians enact stupid policies… why long-term investors should be excited by the declines… and a few other retail stocks that belong on every investor’s watchlist. Two weeks ago, I ruffled some feathers when I shared my contrarian view on global warming. I’m doubling down this week… and sharing some more research from experts who disagree with the popular climate narrative. Email me your thoughts at daniel {at} curzioresearch {dot} com. “Carbon capture” is one of the trendiest ideas for mitigating climate change (and it’s so popular, I’ve created a drinking game around it). While I think it’s a silly idea, it will benefit a handful of companies in the energy sector. I reveal two of my favorite stocks to play the situation… and explain why the world can’t stop using fossil fuels anytime soon. In this episode The politics behind TGT’s store closures [2:00] The best retail stocks for long-term investors [10:55] I’m doubling down on my climate stance [14:25] A drinking game to help combat climate change [18:20] My two favorite plays on carbon capture [23:20] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial media
0:07.0	to bring you unscripted interviews and breaking commentary direct from Wall Street, right to you on Main Street.
0:16.0	How's it going out there? It's Wednesday, September 27th.
0:22.0	And you're listening to the Wall Street Unplug podcast.
0:26.0	No, there's nothing wrong with your listening device. Do not tinker with anything. All is normal.
0:32.0	The one and only Frank Curzio is out of the office. If we were in the news business, we would say that he is on assignment.
0:39.0	He's actually conducting boots on the ground research.
0:43.0	And he will tell you all about that when he's back in the office in a few short couple of days.
0:49.0	That leaves me, Daniel Creech, research analyst here at Curzio Research. I'm the one that works for alongside behind and with the one and only Frank Curzio.
0:58.0	Great to be here. My pleasure to fill in today. I want to talk about a couple of very important topics.
1:04.0	There is no better example of when policy and politics meet economics with the tar get or many of you refer to it as Tarje.
1:14.0	The retailer is in the news. So we'll discuss all of that in the closing of stores.
1:19.0	And then I want to piggyback and pick up on another topic a couple of weeks ago when I filled in for Frank,
1:25.0	I talked about a contrarian view of scientists against the global warming and end of the world narrative.
1:31.0	And I will update you on that. I wonder if I got duped or fooled with some fake news.
1:36.0	And did I go on and carry it on? Of course not. Don't worry about that. Spoiler alert.
1:40.0	I will give you some names of some people to follow some things to think about.
1:45.0	And then also some investing ideas because that's what we do. We look through economics and politics to find out.
1:51.0	The best ideas to position you and your family to make change for you and yours because that's how it's done.
1:56.0	People not from the top down like those pointy shoot wears in Washington. Tell us. Let's get right into it.
2:03.0	This is from CNN business today. It's all over the news last couple of days. Target announces it will close nine stores and major cities.
2:12.0	Not because of issues with foot traffic or supply chains or difficulty in getting workers. No, no, no, no.
	...

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