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.

It's going out there, it's Tuesday, April 19th.

I'm Frank Curzio, it's the Wall Street Unplug podcast where I break the headlines and

it's really moving these markets, it's earning season, favorite time of the year, you guys

know I love it.

So all the companies don't report their earnings for the past quarter, but they give you an

update of what's coming on around the world and also offer their guidance, usually the

next three months, sometimes a little bit further.

One trend noticing thus far, very, very early into earning season next couple of weeks

is going to be absolutely nuts, very early.

One trend noticing is companies beating earnings but missing on sales, meaning they're

finding ways to operate more efficiently, whether it's raising prices, which is seen from

every company out there with inflation running wild, or by reducing expenses.

And the problem with that when it comes reducing expenses is it comes in the form of what?

The lowering marketing budgets and the fast way to cut costs by laying off employees.

But when a lot of that money is coming from raising prices, that can't happen forever.

And we're now seeing data indicating transportation companies are seeing a slow down demand

first times it's COVID.

So we're seeing that take place now, inflation moving higher rates moving higher people's

bills and more money coming out of the system with the Fed going to aggressively raise rates,

...