Episode Details
Back to EpisodesWhat's behind this disastrous earnings season?
Description
Thank you to everyone who joined our live event last night—Crypto 2024: After the Halving—where I shared how to position yourself for outsized returns in crypto over the next 18 months. If you missed it, you can check out the replay here: https://secure.curzioresearch.com/crypto24-after-halving/event-live.php?utm_source=Libsyn&utm_medium=240501_cci_crypto24_gy_wsu_Libsyn&utm_campaign=2404-CCI-Crypto24-GY&utm_term=inline&utm_content=Libsyn
We're about halfway through earnings season… and so far, the results have been disastrous. I highlight some dismal numbers and dreary guidance from several companies, including Starbucks (SBUX)... Paramount (PARA)... McDonald's (MCD)... Comcast (CMCSA)... CVS (CVS)... and more.
But it's not all bad news…
I go through some incredible results from Big Tech… and why Amazon's (AMZN) pullback is the best sign investors could ask for.
As a final note, don't miss tomorrow's episode of WSU Premium, where I interview Andrew Horowitz, host of The Disciplined Investor, about the Fed's biggest mistake… where to be invested right now… how AI will impact the markets… and more.
In this episode
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Check out the replay of Crypto 2024: After the Halving [0:52]
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Why earnings season is my favorite time of year [6:26]
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Breaking down SBUX's horrible quarter [8:13]
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The PARA situation is a complete joke [13:24]
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MCD's warning about consumers [16:32]
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