4.6 • 1.1K Ratings
🗓️ 19 October 2021
⏱️ 35 minutes
🔗️ Recording | iTunes | RSS
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0:00.0 | Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial |
0:06.4 | media to bring you unscripted interviews and breaking commentary direct from Wall Street |
0:11.5 | right to you on Main Street. |
0:13.1 | What's going on there? |
0:17.1 | It's October 19th. |
0:18.9 | I'm Frank Courgey, host of Wall Street Unplug Poghets, where I break that headlines and |
0:27.5 | tell you what's really moving these markets, talking about last week, the craziness of |
0:34.7 | the markets, it's up, it's down, it's bearish, it's bullish, but I think we all could |
0:40.9 | agree there's lots of risks in the marketplace right now, and yet to be concerned, we all |
0:47.2 | see inflation no matter what they say if it's transferring out, we all see it. |
0:50.7 | You see the inflation risks and you see the labor shortages where you're just off of |
0:57.2 | those two risks alone, you're seeing prices are being raised, say, your favorite restaurant |
1:03.6 | yet the service isn't as good because they have less employees, it's longer, it's |
1:08.0 | sometimes it, you know, they even close it for days now to account for it. |
1:12.4 | It's not easy to do, I mean, I changed my habits of different places that I've gone |
1:16.4 | to because prices are higher, but I'm not getting the same service, you can't really do |
1:19.8 | that for long. |
1:20.8 | It's got to hurt a lot of businesses. |
1:23.0 | I mean, so I'm have pricing power and that's fine. |
1:26.8 | Those are big risks, we're saying stocks are expensive right now, peak earnings, hey, |
1:33.2 | we'll see, that means in the heart of earnings season right now, we've seen financials do |
1:37.9 | well, some companies do well, proctor and gambled, it really raised, you need to see beats |
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