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Wall Street Unplugged - What's Really Moving These Markets

Sir Richard Branson's “mission” has nothing to do with space

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

4.51.1K Ratings

🗓️ 14 July 2021

⏱️ 101 minutes

🧾️ Download transcript

Summary

Space travel is here… if you can afford the crazy price of a ticket. I kick things off this week by pouring cold water on Sir Richard Branson’s recent trip to space… and explain his true “mission.” [00:30] We’re about to see an unusual earnings season, according to Andrew Horowitz, president and founder of Horowitz & Company and host of The Disciplined Investor. Andrew explains why he’ll be paying close attention to company guidance and to the Federal Reserve this reporting period. He also shares his thoughts on whether inflation will be transitory… the “reopen” trade vs. the “shutdown” trade… and a few of his favorite ideas right now. [37:30] Speaking of earnings season, two major banks recently reported solid numbers... Daniel and I discuss what stood out about their results.  Plus, with former President Donald Trump suing social media companies... and the U.S. government threatening to break them up... should you bet against the headlines—or avoid these names?  Finally, if you missed Curzio Research’s first annual meeting, . [01:15:06] ---------------------------------------------------------------- Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --iTunes: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/   Twitter: https://twitter.com/frankcurzio Facebook:. https://www.facebook.com/CurzioResearch/ Linkedin: https://www.linkedin.com/in/frank-curzio-690561a7/ Website: https://www.curzioresearch.com

Transcript

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0:00.0

Wall Street Unplug looks beyond the regular headlines,

0:05.0

heard on mainstream financial media to bring you unscripted interviews

0:08.7

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

0:12.9

Let's go out there, it's July 14th.

0:18.9

I'm Frank Cursey, host of the Wall Street Unplug Podcast, where you break down the headlines, and...

0:24.0

Tell you it's really moving these markets.

0:30.0

So, the biggest story of the week by far,

0:35.0

even though it's earning season, luck going on,

0:38.0

get out of the day to coming out, all this stuff.

0:40.0

But by far, the biggest story of the week was Richard Branson flying into space.

0:46.0

He was on a test flight from one of the spaceships owned through his company, Virgin Galactic.

0:51.0

His SPCE is a symbol.

0:53.0

So, I reached an altitude of 53 miles,

0:56.0

and this was on Sunday when it took a trip,

0:58.0

and he flew with three company employees.

1:00.0

I think it was six people in total, before landing successfully back on Earth.

1:05.0

So, Branson came the first person to blast off his own spaceship,

1:09.0

beating Jeff Bezos, another billionaire, by a few days.

1:13.0

I think he's launching next week,

1:15.0

a little bit of egoist with a few billionaires, which you see all the time.

1:19.0

But it's really amazing stuff.

1:21.0

I've been going into space.

...

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