It’s crazy here in Florida as Hurricane Idalia just made landfall—and it seems like some people are preparing for the apocalypse. Stay safe out there, my fellow Floridians. Bitcoin rallied over 5% on Tuesday following a win in court for asset manager Grayscale Investments vs. the SEC. The SEC had tried to deny Graysale’s application to convert its Bitcoin trust into a Bitcoin ETF… but the judge ruled the SEC’s decision was “unlawful.” I break down the ruling… why it’s super bullish for crypto… and why a Bitcoin ETF would be the beginning of a new era for digital assets. In fact, the smart money is already investing in the latest evolution of digital assets: tokenization. I explain how tokenization works… why it benefits businesses AND investors… and why BlackRock CEO Larry Fink is calling tokenization “the next generation for markets.” The bottom line: Crypto is here to stay. In fact, it’s one of the best risk/reward opportunities I’ve ever seen. And every investor needs exposure to this growth sector. Best Buy (BBY) recently reported earnings that beat analysts’ expectations. I go through the results and highlight what sets it apart from other retailers… and why it’s primed for long-term success, even as consumers struggle with rising prices. As we head into September—historically the worst month of the year for stocks—the market is searching for a new catalyst. But despite the uncertainty (and high valuations), there are still plenty of opportunities in the market. Tune in to tomorrow’s WSU Premium, where Daniel and I will highlight which sectors we like right now (and reveal a new Dollar Stock Club pick). In this episode Hurricane Idalia makes landfall [0:32] A huge victory for crypto [8:30] Crypto: The best risk/reward setup I’ve ever seen [12:35] Tokenization will be the next generation of crypto [15:40] What sets BBY apart from other retailers [18:05] Don’t miss tomorrow’s WSU Premium [31:23] 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
Wall Street Unplugged - What's Really Moving These Markets