First Half Lookback

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 4 July 2025

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

For once, the big tech giants are not driving the market’s returns. (00:21) Motley Fool Senior Analyst, Anthony Schiavone, and Motley Fool Asset Management’s Chief Investment Strategist, Bill Mann, join Ricky Mulvey to discuss: - American equity markets reaching all-time highs. - The surprising performance of dollar stores. - What the passage of The Big Beautiful Bill means for EV makers and the federal deficit. - Ricky’s goodbye to Motley Fool Money. Then, (19:11) Motley Fool Canada’s Jim Gillies joins Ricky to discuss speculation in the market and to shine a light on five stocks to keep an eye on. (35:26) Bill and Anthony discuss two radar stocks, Alphabet and Target. Companies discussed: MSFT, META, TSLA, DG, MEDP, LULU, SMPL, ATGE, KTB, TGT, GOOG, GOOGL Host: Ricky Mulvey Guests: Bill Mann, Anthony Schiavone, Jim Gillies Engineer: Dan Boyd Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The market keeps roaring, and you're listening to Motley Full Money. Everybody needs money.
0:27.8	That's why they call it money.
0:30.0	The best things in life are free.
0:33.2	But you can give them to the pros and bees.
0:36.6	From Fool Global Headquarters, this is Motley Fool Money. It's the Motley Full Money Radio show. I'm Ricky Mulvey, joined today by Motley Fool senior analysts Bill Mann and Anthony Chavone. Fools, good to have you both here. Ricky, how you doing, man? How are you doing, Ricky? Doing pretty well. We are airing this show on July 4th, and we're recording a few days early.
0:56.6	So we're going to look back on the first part of the year. Bill, I can give you plenty of reasons to be negative about the economy. Maybe a trade war coming up. We had some softer jobs data. But it really seems like investors want to buy American equities. How about that?
1:11.7	American exceptionalism. We have some of the best companies in the world located on our shores.
1:17.0	As you look back on the first half of the year, any broad reflections on stocks and the market
1:24.3	reaching record highs. Ricky, I would say that one of the most interesting things that's happened in 2025
1:30.2	is that all of the asset classes within the, you know, the biggest asset classes in the U.S.
1:37.2	have sort of congregated.
1:39.7	I saw something really interesting the other day that showed that the highest and lowest yield
1:43.9	amongst the five major U.S. asset classes is now less than 1%.
1:49.0	So U.S. corporates are yielding about 5.2% all the way down to three-month Treasury bills
1:56.0	that are about 4.3%.
1:58.0	I don't want to dwell too much on things that have never happened before, but this
2:02.9	has not happened before. And it really speaks to the fact that all of the asset classes in the
2:10.0	U.S. seem to be focusing on what is going to happen with the state craft in this country,
2:19.6	that they are staying at a single point and wondering what's going to happen. So, yeah, the market is up a little bit. It's up a lot
2:25.5	from where it was in the lowest points of April. And yet, the U.S. stock market has underperformed
2:33.0	most stock markets around the world for the
2:36.0	first half of 2025. So you're not saying that this time is different, but merely that this
	...

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