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Wall Street Unplugged - What's Really Moving These Markets

Why you can’t trust this rally…

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

🗓️ 4 October 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

My awful experience buying a new car and what it says about the general economy… Why I don’t expect the latest market rally to last… And how to make a fortune from market crashes. In this episode A rant about buying a car [0:30] Our “car salesmen” economy [12:00] Why I don’t trust this market rally [19:10] What the Fed should do to preserve it [30:10] How to make a fortune during a market crash [35:34] 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 Mainstreet.

0:12.6

Let's go out there, it's October 4th.

0:18.3

I think it's just a Wall Street Unplug podcast where I picked it on headlines, and...

0:27.2

Let me tell you what's really moving these markets.

0:31.2

So I bought a new car for my wife this past weekend for a 50th birthday, and as you

0:36.2

know, every one of you know this, when you buy a new car or a car in general, you always

0:41.1

get screwed, no matter what, all the time.

0:43.6

You're going to help a page you are, all the research you do, you always walk out of

0:46.6

you like shit, they took me every single time.

0:48.6

It was fun a way to get over on you, that's their job.

0:53.3

And over the past two years, it's gotten worse since there's only a few cars that are on

0:58.5

these lots for you to buy now.

0:59.8

If you're going to order a car, minimum nine months, I don't know what it is right now,

1:03.6

but I still go into these lots, there's hardly any new cars on them.

1:08.2

And I know because of a specific car which is a Lincoln navigator, which we had in the

1:11.8

past that we least that we really like, and that's what we're looking for.

1:15.6

Looking to buy it, and I was calling dealerships pretty much for the past month and nobody

1:20.0

had them in stock.

1:21.2

So one in Jacksonville actually had two in stock and I called and they said, one's gone

1:24.7

already.

...

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