Wall Street Week with Louis Rukeyser was probably the greatest financial TV show that ever aired. It was the show that got me into investing when I was a teenager and the last financial TV show that I watched with any real dedication. So I am excited to see that Anthony Scaramucci has purchased the rights to the show and is bringing it back in a modern format. You can catch the first episode here.
The first episode got off to a great start with Jeff Gundlach as the guest. I won’t give away the whole episode, but here were three actionable takeaways:
- High yield bonds are the “next crisis” according to Gundlach.
- MLPSs and REITs are riskier than many people think.
- The Fed isn’t raising rates this year.
PS – I personally loved the old relaxed feel of the old show. The living room setting provided for a much more relaxed conversation. The Times Square set has a cold feel that takes away from the show.