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Motley Fool Hidden Gems Investing

Calm Before The Storm

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 10 October 2022

⏱️ ? minutes

🧾️ Download transcript

Summary

It's quiet before earnings season. Too quiet. (0:21) Jason Moser discusses: - Expectations for earnings season (which really starts on Friday) - Jamie Dimon's comments about a U.S. recession being 6-9 months away - Key data around consumer savings and spending (11:58) In 2017 Intel bought Mobileye, a self-driving car company, for $15 billion. As Intel prepares to spin it out, Dylan Lewis and Ricky Mulvey discuss the relative attractiveness of the soon-to-be public Mobileye. Got questions about stocks? Call the Motley Fool Money Hotline at 703-254-1445. Stocks discussed: ADBE, INTC, MBLY Host: Chris Hill Guests: Jason Moser, Dylan Lewis Producer: Ricky Mulvey Engineers: Dan Boyd, Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Don't look now, but we have another tech IPO.

0:08.1

Motley full money starts now.

0:11.6

I'm Chris Hill joining me today, Motley Full Senior, analyst Jason Moser.

0:24.3

Thanks for being here.

0:25.3

Hey, thanks for having me.

0:27.0

Welcome to the calm before the storm.

0:29.5

And I say that because there's really not a lot of news.

0:34.4

There's Jamie Diamond made some comments that we'll get to shortly, but four times a year

0:41.9

it's very quiet right before earning season.

0:45.5

And there are increasingly indications that this upcoming earning season is going to be

0:52.4

kind of stormy for investors.

0:55.7

For anyone who missed it on last Friday show, our guest was Malcolm Atheridge financial

1:01.3

planner here in the DC area.

1:03.0

And I asked him what he was expecting heading into earning season.

1:07.5

And his one word answer was bad, which he expounded on.

1:13.3

But I tend to be optimistic by nature.

1:17.9

But Jason, I think he's right.

1:21.2

In terms of the results, I think we should all sort of prepare ourselves for the three

1:27.8

month results that most companies are going to be reporting, particularly when you look

1:32.3

at how strong the dollar is for companies that have international businesses.

1:36.5

Yeah, it's not going to be great.

1:38.4

Yeah, I love to see, I love to meet the person or the people who are like, you know what,

...

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