Financials: This Week's Top News From the Financial Sector

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6 • 854 Ratings

🗓️ 1 October 2018

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Here's what investors need to know about the latest interest rate increase, predictions of a major recession, and more.

Intro: In this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP take a look at several news stories that all investors should pay attention to. You'll hear about:

The latest Federal Reserve rate hike and what it means for bank stocks.
Venmo has surpassed ATMs in terms of transaction volume.
How reliable are corporate projections from an investor's perspective?
Projections of how bad the next recession will be, what could cause it, and how to prepare.
Whether Visa Checkout and MasterPass are serious threats to PayPal or not.
Our latest stocks to watch.

Transcript

Click on a timestamp to play from that location

0:00.0	Thanks to Slack for supporting industry focus.
0:02.0	Slack is a collaboration hub for work that makes sure the right people on your team
0:07.0	are always in the loop and key information is always at their fingertips.
0:11.0	Learn more at slack.com.
0:13.3	It's Monday, October 1st and welcome to Industry Focus, the podcast that dives into
0:19.9	a different sector of the stock market each day.
0:22.4	I'm your host
0:22.8	Jason Moser on today's financial show. We'll talk about what is disrupting the
0:26.8	ATM. We'll talk about the good and the bad when it comes to forecasts. Talk
0:31.8	about the next recession.
0:33.1	Yes, I know not if, but when we have the next recession.
0:37.3	We'll take a look at the week on Twitter and as always we'll have one to watch.
0:41.2	We're going to start today with something that makes you want to say
0:43.6	hey now and that's right I'm talking about interest rates Matt. Joining me
0:47.8	today I got certified financial planner Matt Frankel. Matt I'm not going to ask
0:52.0	you about your game Cox this past weekend.
0:54.2	It was a little bit of a bum deal, I know.
0:56.0	Sorry about that.
0:58.0	On the upside, I mean the upside for me at least, Wofford stuck at the Gardner Web so waiting
1:04.1	the tears we'll see how see how things shape up this coming weekend but let's
1:10.3	kick off the discussion this week with interest rates.
1:15.0	On Wednesday, perhaps to nobody's surprise, the Fed continued its measured approach in our recovering economy, raising interest rates just slightly, and
	...

Please login to see the full transcript.

Previous episode | Next episode

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.