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Wall Street Unplugged - What's Really Moving These Markets

When an infrastructure bill passes… sell stocks

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

🗓️ 22 September 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

This week, we’re doing things a little differently. Today’s episode covers Daniel’s and my take on the top news… The regular weekly interview segment (featuring the legendary Frank Holmes) will air tomorrow. Let’s get to it... You undoubtedly know by now about the collapse of Chinese property juggernaut Evergrande. Daniel and I debate whether now is a good time to gain exposure to China. [1:23] Will we see an infrastructure bill this year? Daniel explains why it would make more sense (politically) for Democrats to wait until next year… While I think they’ll want to pass it right away. But regardless of when it happens… I explain why you should be prepared to sell a lot of your stocks when the bill does pass. [12:21] FedEx missed earnings expectations and announced massive price increases… [16:53] Cracker Barrel also missed earnings, and warned about higher commodity and wage costs… [25:14] Finally, Disney warned investors about slowing growth… causing a hit to the stock. [28:17] Is it a good time to buy any of these companies? Daniel and I share our thoughts on each. 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

Click on a timestamp to play from that location

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

0:11.4

right to you on Main Street.

0:12.9

What's going on there, it's September 22nd?

0:18.3

My friend Kursy, I host the Wall Street Unplug podcast where I break that headlines and

0:26.8

tell you what's really moving these markets, man, a lot moving these markets these days,

0:32.2

things going crazy.

0:33.2

I'm going to bring in Daniel Creech, senior analyst at Kursy Research right away here

0:36.4

on their new format.

0:37.4

Damn, what's going on, man?

0:38.4

That's everything.

0:39.4

Oh, you know, just, uh, whatever happens today is fixed tomorrow in our markets.

0:43.1

So down, down 2%, now everybody is happy and markets up today.

0:46.2

So yeah, nothing to see here would definitely get to cover a lot of stuff.

0:49.1

First thing I want to say is that it's a beautiful shirt you have on if you watch our YouTube

0:51.6

page.

0:52.6

I don't know.

0:53.6

Is it new or no?

0:54.6

No, no, no, no.

0:55.6

This is years old.

0:56.6

Yeah.

0:57.6

Wow.

...

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