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Motley Fool Money

Don't Be a Grinch, Keep Holding

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 30 December 2024

⏱️ 19 minutes

🧾️ Download transcript

Summary

We set the path for being better investors and friends in 2025.   (0:13) Jason Moser and Dylan Lewis discuss: - How some profit-taking and tax loss harvesting have caused a bit of a holiday hangover for the market to close 2024. - Why mounting consumer credit card debt and delinquencies might finally start to eat into discretionary spending in 2025.  - Alphabet’s agenda for the new year: AI, Gemini, and Project Mariner .  - A few resolutions to ring in the new year. Companies discussed: TGT, WMT, GOOG, GOOGL Host: Dylan Lewis Guests: Jason Moser Producer: Ricky Mulvey Engineers: Dez Jones Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did the Grinch steal a rally? You're listening to Motleyful Money.

0:12.8

I'm Dylan Lewis, and I'm joined over the airwaves by Motleyful analyst Jason Moser. Jason,

0:17.1

thanks for joining me. Dylan, happy to be here, closing out an interesting year and getting ready to kick off a new one.

0:24.3

Yeah, it's that nice short week between Christmas and New Year's, where new cycle's a little bit slower.

0:29.7

We get to spend a little bit more time with some of the stories, maybe a little bit of time with people that don't have anything to do with work.

0:34.7

Did you have a nice holiday?

0:36.3

Yeah, yeah, it's a very busy

0:38.1

time for our household. We've got a lot going on in a 10-day stretch. So we've got a couple of birthdays,

0:43.0

a wedding anniversary, Christmas, New Year. So it's a lot crammed into one one holiday. But it's

0:50.2

so far, we've gotten through it unscathed and everybody seems happy. How about you?

0:54.8

Can't complain. You know, I had my fair share of holiday drinks, had my fair share of family time.

0:59.5

I am back home and very happy about that. And, you know, honestly, I mean, the stock market,

1:05.2

maybe like some of us that are now back at home after some holiday travel, dealing with a little

1:09.7

bit of a post-holiday hangover.

1:12.4

We have the S&P 500 down about 2% since Christmas. What happened to the Santa Rally?

1:18.3

Well, I mean, it's not unheard of for some selling to occur towards the end of the year, right?

1:24.1

I mean, we see sort of investment firms cleaning house,

1:28.3

investors kind of cutting away losers, taking advantage of some tax loss harvesting. So,

1:35.9

you know, it's not terribly uncommon to see a little selling going into the end of the year.

1:41.5

I think it's interesting for me more to think about going into 2025.

1:45.4

And there's still some uncertainty, right?

1:47.5

We have a new administration getting ready to take over here, I think, on January 20th.

...

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