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Motley Fool Hidden Gems Investing

Big Banks and Big Rates

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 13 October 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

The major banks are cashing in on high interest rates, but cracks continue to show in the picture of the consumer.  (00:21) Emily Flippen and Jason Moser discuss: - What big interest rates mean for big banks and the latest insights from Jamie Dimon. - Pepsi’s earnings showing signs that growth might be propped up by price hikes. - Atlassian’s $1B acquisition of Loom, the market reaction to the Birkenstock IPO, and Spotify’s latest audio push.  (19:11) Bloomberg’s Zeke Faux talks about the trial of FTX’s Sam Bankman Fried with Motley Fool Money’s Deidre Woollard. (32:57) Jason and Emily break down two stocks on their radar: Outset Medical and Twilio. Stocks discussed: JPM, WFC, PEP, TEAM, BIRK, SPOT, OM, TWLO Host: Dylan Lewis Guests: Emily Flippen, Jason Moser, Deidre Woollard, Zeke Faux Engineers: Dan Boyd  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We've got an update on what big banks are doing with big rates, and one acquisition announced,

0:09.2

another one closed, Motley Full Money starts now.

0:26.0

Everybody needs money.

0:28.0

That's why they call it money.

0:30.0

The best thing in life are free.

0:33.0

But you can get them to the present.

0:37.0

From full global headquarters, this is Motley Full Money.

0:40.0

It's the Motley Full Money radio show.

0:42.0

I'm Dylan Lewis, joining me in studio, Motley Full Senior Analysts, Emily Flippin,

0:46.0

and Jason Moser.

0:47.0

Great to have you both here.

0:48.0

Hey.

0:49.0

Hey.

0:50.0

We've got the story from the courthouse at the Trial of Sandbank been freed, a tepid reception

0:54.0

for a new IPO, and a big deal, finally coming to a close.

0:58.0

First, we've got earnings results that will have us checking in on two major stories,

1:02.0

interest rates and pricing power.

1:04.0

Jason, we're going to start with interest rates and the big banks.

1:07.0

They reported Friday morning getting the earnings party started.

1:10.0

What did you see in results from JP Morgan and Wells Fargo?

1:13.0

Yeah, it seems like on a day where the markets kind of viewing things from the glass

1:17.0

half empty perspective, these banks are at least presenting a little green forest.

...

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