We had a wild start to the trading day, as a glitch caused some big-name stocks—including McDonald’s (MCD), ExxonMobil (XOM), and Wells Fargo (WFC)—to drop double digits in seconds…
Before diving into the markets… I give a shoutout to my beloved Philadelphia Eagles, who are heading to the NFC Championship game against the San Francisco 49ers.
Stocks are rallying as more investors are anticipating a soft landing for the economy. But the truth is that the market is incredibly dangerous right now.
I break down several headwinds—including why the upcoming rate hikes will rattle the market… why China is no longer a growth engine… proof that inflation is surging again… and a warning from one of the most accurate Wall Street analysts.
Bottom line: Investors need to be more cautious than ever. I share the perfect strategy to protect your long positions and make a fortune as a recession drags down the market.
In this episode
A concerning market glitch to start the trading day [00:30] Recapping the NFL matchups from this weekend [1:35] The Fed… China… And other headwinds make for a dangerous market [8:12] Inflation is surging once again [15:40] The perfect strategy for today’s treacherous conditions [27:00]
Enjoyed this episode?
Get Wall Street Unplugged delivered FREE to your inbox every Tuesday, Wednesday, and Thursday: https://www.curzioresearch.com/wall-street-unplugged/
Wall Street Unplugged podcast is available at:
--iTunes): https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/
--Stitcher) : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2
--Website) : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/
Twitter): https://twitter.com/frankcurzio
Facebook):. https://www.facebook.com/CurzioResearch/
Linkedin): https://www.linkedin.com/in/frank-curzio-690561a7/