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MarketFoolery

A Tale of Two Sales

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 13 August 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

Constellation Brands is selling its Canadian whiskey portfolio. Verizon is selling Tumblr. Jason Moser analyzes the deals as we discuss the challenge of keeping a leading business in the lead. Plus, we discuss the latest results from Advance Auto Parts, the impact of tariffs on our daily investing experience, and an early report on Chick-fil-A’s mac & cheese sales!

Transcript

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0:00.0

It's Tuesday August 13th.

0:03.0

Welcome to Market Foolery.

0:05.0

I'm Chris Hill joining me in studio, the one and only Jason Meoser.

0:08.0

Thanks for being here.

0:09.0

Thank you for having.

0:10.0

We've got some earnings.

0:12.0

We've got a couple of high-profile sales that we're going to get to.

0:17.0

We got to start with tariffs.

0:20.0

From the point where you and I started talking on Slack this morning to, you know, like an hour before

0:26.0

we were coming into the studio, is like, wow, I felt like an entire day had gone by in just

0:30.9

those couple of hours.

0:32.8

And yet here we are.

0:33.9

Tariffs.

0:35.1

The market's up.

0:35.8

Everything's fine because the tariffs are being pushed off

0:38.9

to December and it's just. We're trying not to be exhausted. We're trying not to, you know, just get

0:47.7

worn down by the... Trying not to be super skeptical. Exactly. I really feel like history is going to look back at this point

0:55.1

in time years from now and there is going to be one of the most egregious and

1:00.3

massive insider trading scandals that dates back to this current time and in place.

1:10.7

I mean, it does almost look illegal when you see how this new cycle

1:17.9

Resets every day it just is crazy. Well, and you know this is is, I mean, this is in response.

1:24.0

I'm, and by this, I mean this conversation you are having.

...

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