2017 Preview
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 30 December 2016
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Full Money. It's the Motley Full Money |
| 0:20.0 | radio show and I'm Chris Hill joining me in studio this week for million dollar portfolio |
| 0:24.0 | Jason Moser for Motley Full Pro and options Jeff Fisher and for Motley Full One Ron Gross. |
| 0:29.0 | Good to see you as always gentlemen. It is our combo year in review and 2017 preview |
| 0:37.0 | episode of Motley Full Money Asia. I hope everybody ate their weedies. |
| 0:41.0 | We're in this for the long haul. Let's start by looking back at 2016 and Ron Gross |
| 0:47.0 | I will start with you when it comes to business and investing. What is your headline for the year? |
| 0:52.0 | I got to go big macro if I may. You may. We have an economy that is close to full employment |
| 0:57.0 | depending on how you look at it. Inflation so far is under check. Interest rates are now beginning to rise |
| 1:02.0 | and anticipation of a heating up economy and we have a stock market basically at all time highs. |
| 1:08.0 | Pretty good I would have to say. Yeah, pretty good. That's a big headline. |
| 1:12.0 | That is a big headline. You know I don't want to make this about the election |
| 1:15.0 | but I think one of the byproducts of the election it was fascinating to see this big outflow |
| 1:20.0 | from technology into things like infrastructure and banking just after the election. |
| 1:26.0 | Going into the election hedge funds held huge positions in tech stocks. I mean, |
| 1:30.0 | million dollar portfolio. We own a lot of that as well and we were performing quite nicely |
| 1:35.0 | up into that point and we took a little bit of a turn for the war after the election |
| 1:38.0 | as a lot of that money flowed out of technology and into financials and infrastructure ideas, energy and whatnot. |
| 1:45.0 | It's just been a really kind of a weird way to sort of wrap up what was a pretty good year to this point. |
| 1:50.0 | Jeff Fisher. My headline is market resilience rewards those who sit on their hands. |
| 1:56.0 | Wow, you actually wrote a headline. I did it in a coin too. |
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