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Motley Fool Hidden Gems Investing

“Generation Gamble” and the Rise of the Machines

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 1 October 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

September ends up being the worst month of the year for investors. Merck shares pop on encouraging results from its Covid-19 pill study. Alphabet and General Motors move one step closer to getting self-driving ride-sharing services on the road in California. Amazon unveils Astro, a $1,000 robot for your home. Warby Parker makes a strong debut on Wall Street. Zoom Video and Five9 call off their marriage. Andy Cross and Ron Gross analyze those stories and the latest from Bed Bath & Beyond, McCormick, Dollar Tree, and Sherwin-Williams. They also share why PubMatic and Editas are on their radar. Plus, Melissa Lee discusses the intersection of online betting, stock trading, and gaming in the upcoming CNBC primetime documentary “Generation Gamble”. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:07.0

From full global headquarters, this is Motley Fool Money. It's the Motley Fool Money

0:20.1

radio show. I'm Chris Hill joining me this week, Senior Interest Andy Cross and Ron

0:24.3

Gross. Good to see you as always gentlemen. Hey Chris.

0:26.9

We do, Chris. We get the latest headlines from Wall Street. We'll dig into the rise

0:30.8

of sports betting and stock trading with CNBC's Melissa Lee. And as always, we've got a couple

0:36.2

of stocks on our radar. But we begin with a rough month for the market. The S&P 500 fell

0:42.0

nearly 5% in September, the worst month of the year so far. Andy, all three major indices

0:49.2

are still up double digits for 2021. But I don't blame any investor who's just a little

0:54.6

bit rattled after the past few weeks. Yeah Chris. It was a hard month for investors,

1:02.6

especially growth investors. We've had such a really nice rebound off the COVID lows

1:09.7

from last year. And this year, like you mentioned before, the stocks were up. Guys, the market

1:14.0

was more than 20% now. It's up that mid double digits, kind of like the 15% range. We're

1:20.2

back to where we were in July. So it's still not not horrible. Overall, we still have seen

1:29.5

pretty, pretty team, not much volatility into the market so much. We still haven't seen

1:34.6

those big pullbacks, dramatic, really dramatic pullbacks, north of 5% on a daily basis in

1:39.7

the long periods of time. But certainly, I think this is one reason why we constantly really

1:45.5

talked to our members and to listeners and to viewers of our shows and talking about

1:51.1

listen, the markets have been really calm over the last 18 months. And we don't expect

1:56.7

that going forward. We know markets historically fall. Gosh, 10% every year or 13 months or

2:04.0

so is fall 15% every couple years, 20% every four years. So as an equity investor, Chris,

2:11.3

we really have to expect that kind of volatility. We haven't seen it. So this past kind of

...

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