The Fed is in ‘hope-and-pray’ mode

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

🗓️ 10 April 2024

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Fed is in a lot of trouble… While the media is claiming the economy is stronger than ever, the latest inflation data says otherwise. On today’s show, I look under the hood at the alarming numbers… why the Fed is in an impossible position when it comes to interest rates… the serious implications for our economy… and how to position your portfolio to profit from the turmoil. Since my live event a few weeks ago—The AI Story No One’s Telling—listeners have been lighting up my inbox with questions about artificial intelligence (AI). Guys, I can’t overstate just how much of a game-changer AI is going to be. In the last week alone, we’ve seen several major AI-related headlines… involving everyone from Apple to Google to Elon Musk. I just launched my brand-new advisory—Curzio AI—to help you make once-in-a-lifetime gains off this groundbreaking trend. If you haven’t signed up for Curzio AI yet, now’s the time to act—our charter offer closes Friday. Go here to take advantage of my charter offer: https://secure.curzioresearch.com/checkout/cai-launch-charter.php?utm_source=Libsyn&utm_medium=240410_cai_launch_gy_wsu&utm_campaign=2403-CAI-Launch-GY&utm_term=Libsyn&utm_content=podcast I’m also hosting a live Q&A tomorrow, April 11, at 7 p.m. EST to answer all your AI questions… or any other questions you have about the economy or the market (bear in mind, I can’t offer any specific investment advice). Sign up and submit your questions here: https://secure.curzioresearch.com/curzio-ai/q&a-opt.php?utm_source=Libsyn&utm_medium=240410_cai_launch_gy_wsu&utm_campaign=2403-CAI-Launch-GY&utm_term=inline&utm_content=podcast In this episode: The latest CPI data should scare the s*** out of you [0:51] The economy is more fragile than the media is saying [9:17] Try not to puke when you see these numbers [10:36] The Fed is in “hope-and-pray” mode [20:39] Get exposure to these sectors NOW [22:57] The latest breaking news in AI [29:49] Ask me anything—and tune in for my answers [38:22] 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/category/podcast/wall-street-unplugged/ Curzio Research App: https://apps.apple.com/us/app/curzio-research/id6466212450

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	It's going out there, it's April 10th.
0:19.0	I'm Frank Kurz just to Wall Street.
0:21.0	Break the Hell, it's and...
0:27.0	Tell you what's really moving these markets.
0:30.0	It's on today's show, forget cuts.
0:34.4	Are rate hikes on the way after today's ugly inflation report?
0:38.8	Why the economy may not be as strong as everyone suggests.
0:44.0	And the easiest way to make money as interest rates are likely to stay higher for much longer.
0:50.0	Let's begin today's show with the
0:53.3	C. P. A price index was released this morning and it showed inflation is
0:59.6	running hotter than expected.
1:01.6	Now... hotter than expected. Now if you read the headlines it's going to show that
1:09.2	inflation came in at 0.4 percent and it came at 0.4% on both the C. P. I. And something they call the core
1:16.4	C. P. Which excludes food and energy. And the reason why the exclude is because it's
1:19.6	extremely volatile month by month. And when you read this stuff it's going to say
1:25.7	0.4% is that a big deal from 0.3% 1 10% higher so it's probably no big deal as you could see with the market today it is a big
1:37.5	deal and we're down 500 points as I tape this who knows where it'll be at the end of this, it could be up, I don't know.
1:46.0	But 500 points makes a great headline, because 500 points seems like a lot.
1:52.0	In fact, 1987 when the market crashed at Dow Jones
1:54.5	from 500 points, that amounts to 23%. It was 508 points. The reason why I know that
	...

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