Why Big Oil loves Joe Biden

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 8 December 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

ExxonMobil just released some incredible projections about its wage increases, capital expenditures, and future free cash flows. Daniel and I explain how government policies have given Big Oil the ability to print money… And why oil stocks are rising, even as oil prices are falling. In other energy news, oil shipping companies are drastically increasing their rates—in part due to the uncertainty surrounding Russian sanctions. Daniel shares a handful of names that will benefit from the situation. Walmart CEO Doug McMillon recently spoke about the rise in shoplifting the company is seeing… and how it could result in price increases and even store closures. Target says it’s also struggling with the same issue. We discuss why everyone should be concerned about this news… and how it could lead to buying opportunities in a few of the biggest retail stocks. In this episode ExxonMobil’s remarkable projections [2:10] How governments are helping create massive profits for big oil [6:05] The disparity between oil stocks and oil prices [13:00] These stocks will benefit from increased shipping rates [16:35] What Walmart’s warning means for retail [28:14] 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, heard on mainstream financial media
0:07.0	to bring you unscripted interviews and breaking commentary direct from Wall Street, right
0:11.6	to you on Main Street.
0:12.6	How's it going up here, it's December 8th?
0:17.6	Now, if I go just to Wall Street Unplug pockets, we're breaking down headlines, and
0:22.6	tell you what's really moving these markets, so try to get interviews for Thursday.
0:34.7	I had two cancellations, which is not really surprised during this time of year, which
0:39.1	is perfectly fine.
0:40.1	Then I probably pushed them to January and might get one in, really, really good interviews.
0:45.4	But yeah, I'm going to try to set some up in and I don't really put people's feet to
0:49.3	the fire here, especially during the holiday season, because it is crazy.
0:52.9	Where even crazy here?
0:53.9	Everyone's closing their books.
0:54.9	A lot of these guys on their own companies and stuff.
0:56.9	So unfortunately, to replace the interview, I have to bring back Daniel Creech.
1:01.6	I'm really sorry about that.
1:02.6	Daniel, what's going on, man?
1:03.6	It's going well.
1:04.6	I knew there was going to be some intro.
1:06.6	I wasn't expecting that.
1:07.6	Thank you.
1:08.6	Call me off, Garry.
	...

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