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Wall Street Unplugged - What's Really Moving These Markets

The Fed will crash the economy if it doesn’t change course

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

4.61.1K Ratings

🗓️ 23 August 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Stocks moved lower yesterday as investors worried about Fed Chair Jerome Powell’s upcoming speech from Jackson Hole, Wyoming. I continue to pound the table on why the Fed is the biggest risk to the markets. I highlight how the Fed has crushed a major sector just six months… and what possible actions would cause me to sell stocks. And while the Fed’s plan to tame inflation is working, I explain how the shift in consumer behavior is hurting several industries. I’m back from the in West Palm Beach, Florida. I share some highlights from this incredible event… how retailers are pushing into the metaverse… and why billions are already pouring into the space. In this episode [Aim for 5 bullets max]: What caused yesterday’s market selloff? [1:35] The Fed crushed this market in six months [5:15] Why the Fed is a threat to the markets [14:00] A recap of the [26:55] How individuals—not big tech—will control the metaverse [31:10] 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/ :

Transcript

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0:00.0

Wall Street Unplug looks beyond the regular headlines,

0:05.0

heard on mainstream financial media

0:07.0

to bring you unscripted interviews and breaking commentary

0:10.0

direct from Wall Street, right to you on Main Street.

0:16.0

Let's go out there, it's August 23rd.

0:19.0

I think he's just a Wall Street Unplug podcast

0:21.0

where I break down headlines and...

0:27.0

Tell you what's really moving these markets.

0:31.0

Man, what a week.

0:33.0

Just back from the crypto-connect expo in West Palm Beach.

0:37.0

It's so many amazing people.

0:40.0

Just blows me away.

0:42.0

How big their followings are in social media.

0:44.0

Hundreds of thousands, millions.

0:47.0

Just walk up to you, start talking to them,

0:49.0

be like, yeah, follow me, or you could see these follow.

0:51.0

I'm like, holy cow.

0:53.0

So many of them are all in the NFT space, the Metaverse.

0:58.0

If that's true ownership.

1:01.0

Just a way to monetize themselves,

1:03.0

which is their brand, their name.

1:07.0

I'm gonna get more in this later, really digging the weeds.

...

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