6 Stocks for Unleashed Consumer Spending
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 25 January 2021
⏱️ 21 minutes
🧾️ Download transcript
Summary
Americans have (collectively) $1 trillion more in their checking accounts than a year ago. What will they spend that money on in a post-pandemic world and which companies stand to benefit? Jason Moser and Chris Hill share why they’re optimistic about Vail Resorts, Airbnb, Etsy, Lowe’s, Chewy, and DraftKings.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Monday, January 25th. |
| 0:04.3 | Welcome to Market Fullry. |
| 0:05.4 | I'm Chris Hill with me today. |
| 0:07.0 | Mr. Jason, Nozer. |
| 0:08.0 | Good to see you. |
| 0:08.9 | Good to see you. |
| 0:09.9 | Good to see you. |
| 0:10.0 | So we are going to step back from the news of the day and here's what we're going to do. |
| 0:19.0 | We're going to have six stock ideas in this show and here's how this is going to be set up because I |
| 0:25.0 | recently came across a data point I found very interesting this comes courtesy of |
| 0:29.7 | our friend Morgan Housle He wrote a piece recently and referenced the fact that the |
| 0:36.6 | you know the personal savings rate in America spiked last year and and that's |
| 0:40.9 | something we've talked about on this show before. |
| 0:43.0 | But the data point kind of blew my mind because, |
| 0:46.0 | and this comes from the Federal Reserve Bank of St. Louis |
| 0:51.0 | and I knew that people for one reason or another St. |
| 0:53.0 | I knew that people for one reason or another were holding on the cash. |
| 0:56.0 | I didn't realize the extent to which that was happening. |
| 0:59.0 | So the Federal Reserve Bank in St. Louis, one of the things they track is the total amount that Americans collectively have in their checking accounts. |
| 1:10.0 | It's not surprising that that amount has gone up. |
| 1:14.0 | The degree to which it has gone up surprised me. |
| 1:17.0 | As of the most recent quarter, there's just shy of 1.9 trillion dollars collectively in American banking checking accounts. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

