The era of ‘easy’ money is about to come to an end

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

🗓️ 1 December 2021

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fed Chair Jerome Powell finally admitted inflation isn’t transitory… and his change of tune shook the markets. Daniel and I give our take on Powell’s comments and the market selloff that followed. The Fed’s new stance marks the beginning of the end for the easy money policies we’ve seen since the start of the pandemic. We highlight several sectors and companies that will thrive… as well as ones that will suffer… as the Fed implements new policies to fend off inflation. Rising inflation—not to mention the new COVID variant, Omicron—will mean more volatility in the coming weeks and months. Daniel shares a handful of “boring” stocks that investors should consider as we prepare for a shaky market. We still don’t have a lot of data around Omicron... Yet, governments and markets are already overreacting. And individual investors can use these overblown fears to their advantage. Jim Cramer recently made some alarming comments about using the military to enforce vaccines. Prepare for a rant... 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: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ : https://www.curzioresearch.com

Transcript

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0:00.0	The 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.
0:13.5	It's going out there, it's December 1st.
0:18.5	Now Frank Curzio is the Wall Street Unplug podcast, so I break that headlines and tell you
0:26.8	what's really moving these markets.
0:30.8	Really slow week, nothing to see here, not much to talk about, other than the markets
0:37.7	falling 3% on Friday due to concerns over another variant called Omicron, covered that
0:43.8	in detail yesterday, but starting to spread internationally going to country to country,
0:50.0	data still coming in, still saying that it's mild right now, but it did impact the markets
0:54.3	and oh yeah, we had the Fed share Powell testify for the Congress from out of nowhere right
1:02.4	going from Dobysch to hawkish, almost on the same day the markets got spooked from Omicron
1:10.1	saying that inflation is no longer transitory, which would be no surprise to you if you've
1:14.7	been listening to this podcast for the last nine months, or if you've just been going
1:18.4	out and buying stuff and living your life, right, all economists like transitory transitory,
1:22.7	this is why you're a lot smarter than these guys, you're out in the real world, you
1:25.4	see things, they're looking at charts and analyzing past data to try to write outcomes
1:30.9	for the future and we're an unprecedented times, which is crazy, but it did surprise
1:35.9	the markets, which fell sharply again on Tuesday.
1:41.2	So I'm bringing in Dale, because Dale has all the answers, he's going to answer all these
1:45.7	questions on what you could do, Dale, thanks so much for coming in, what's going on, man?
1:48.8	That's right, what's up, Frank, happy, happy December, December 1st already, man.
	...

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