You’d be crazy to count on a rate cut

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

🗓️ 29 November 2023

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

My family and I are back from our Thanksgiving vacation in the Dominican Republic. We had a fantastic time—except for the travel. Prepare for a rant on budget airlines… why I’ll never fly Spirit again… and a tangent about how the Department of Justice fights every merger (including the Spirit/JetBlue deal). The markets are on a four-week winning streak as economic data shows inflation is easing and investors are looking ahead to interest rate cuts next year. I explain why it’s crazy to expect a cut anytime soon… how the Fed is actually undermining its own fight against inflation… and why the market is still incredibly dangerous. I also highlight the three factors investors should look for to spot companies poised to survive—and thrive—in the crazy environment ahead. Speaking of which, I just recommended a small-cap stock in Curzio Venture Opportunities that checks all three boxes. It’s fallen about 25% recently because of two risks that no longer exist… and insiders are buying it hand over fist. Join us today to get the recommendation. General Motors (GM) made headlines today by announcing a $10 billion buyback and a massive dividend increase. I continue to pound the table on how a buyback-focused strategy can beat the market… and why only the strongest companies can pull it off. Tomorrow on WSU Premium, Daniel and I will discuss the strategy in more detail… and share a list of stocks executing on it. [For a limited time try WSU Premium for $1 by subscribing at WSUOffer.com.] As a final note, I want to pay my respects to investing legend Charlie Munger, who passed away yesterday at the age of 99. I’m looking forward to CNBC’s final interview with him, which will be released soon. In this episode There’s no such thing as a “discounted airline” [2:05] The seasonal rally is alive and well [12:45] Why the Fed isn’t cutting rates anytime soon [16:10] This is one of the most dangerous markets ever [23:05] How to get my latest small-cap recommendation [29:30] GM announces a massive buyback [33:00] Don’t miss tomorrow’s WSU Premium [46:45] R.I.P. Charlie Munger [49:25] For a limited time, try WSU Premium for $1: https://secure.curzioresearch.com/checkout/wsup-charter.php?utm_source=Libsyn&utm_medium=231129_wsup_charter_wsu_Libsyn&utm_campaign=2302-WSUP-Charter&utm_term=copy&utm_content=Libsyn Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com

Transcript

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0:00.0	Wall Street Unplugged looks beyond the regular headlines heard on mainstream financial media to bring you
0:07.4	unscripted interviews and breaking commentary direct from Wall Street right to you on Main Street.
0:16.0	As good out there, is November 29th.
0:20.0	Effie encourage us to Wall Street in pocket,
0:21.0	so I break the headlines and
0:23.0	tell you what's really moving these markets.
0:31.0	So now most of you listed on iTunes or through a Curzio research site, but if you're watching on YouTube,
0:37.0	I have my Penn State sweatshirt on, a big Penn State fan, pretty much for my life, college football.
0:44.0	And this was bought by my best friend, best friend for 48 years,
0:49.0	known since I'm three years old.
0:50.0	I'm 51.
0:51.0	Pretty crazy, right?
0:52.0	To know somebody that long and still like them
0:54.4	But he buys me stuff at Penn State because his daughters go there and he goes to a game every single year and they have like exclusive stuff there that you could buy only
1:02.0	There just like the masters only stuff that you could buy only there just like the masters
1:03.7	the only stuff that you can get on campus or through the stadium and he buys
1:09.2	me stuff and sends it to me all the time so really really cool again being the Penn State fans always
1:13.6	hard since they lose in Michigan in Iowa State every freaking year but to be
1:18.8	honest and he's a pretty smart guy probably one's more real estate in Queens, New York than Donald Trump. But he only buys me long-sleeved
1:26.8	shirts or sweatshirts. And I love gifts. I'm not complaining, but I live in
1:32.0	Florida and it's like over 75
1:34.1	degrees for about 11 and a half months out of the year so it gives me about a 15 day
	...

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