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Motley Fool Hidden Gems Investing

Hello Kitty!

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 4 March 2016

⏱️ 39 minutes

🧾️ Download transcript

Summary

Valeant tumbles on news of an SEC investigation. Ambarella reports a big drop in profits. Kate Spade rises. And HP Enterprise surprises. Our analysts discuss those stories and delve into the latest employment numbers. And Motley Fool Asset Management Portfolio Manager Bill Mann talks China, Japan, and the big business of Hello Kitty. To check out a highlight reel from our recent investing conference in San Diego, go to digitalpass.fool.com .  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.

0:19.0

It's a Motley Fool Money radio show. I'm Chris Hill and joining me in studio this week

0:22.8

for Million Dollar Portfolio, Jason Moser and Matt Argus Singer and for Million Dollar Portfolio.

0:27.0

Supernova Simon Erickson. Could you see he was always gentleman?

0:30.0

We've got the latest earnings from Wall Street. We will dip into the full mailbag and as always we'll give you an inside look at the stocks on our radar.

0:37.0

But we begin this week with the big macro. February Jobs report showed nearly 250,000 jobs added with the unemployment rate holding steady at 4.9%.

0:47.0

Looks good on the surface, Mattie.

0:49.0

Great on the surface.

0:51.0

We're not a political show and I'm not making any kind of political call here.

0:56.0

But I really do think there's a bit of a false narrative about the economy, about the country being spouted by certain presidential candidates.

1:03.0

We won't be named here. All of them? Probably all of them. I understand that. It definitely supports their narrative.

1:09.0

I just think this job report reports like this job figure tend to dispel a lot of that. If you go back seven years ago, we were in the middle of the deepest recession in a generation.

1:18.0

Unemployment was around 10%. Gas prices were above $3 a gallon. Housing prices were crashing. The stock market was at a 10 year low.

1:25.0

And look where we are today. Unemployment is below 5%. If gas prices are under $2, home prices are hitting records in a lot of cities.

1:32.0

Yes. And even though it's been volatile, the stock market is really close to an all-time high.

1:37.0

And so I just, in this report, is another indication about how strong and resilient our country in the US economy is.

1:45.0

And I just, I wish that was being a little bit touted a little more in the political discourse that's flying across this country right now.

1:50.0

You said right there, Maddie. I mean, this is a double whammy. It's both good news for the stock market.

1:54.0

You've got strong economy. You've got companies adding jobs and hiring at a good pace.

1:58.0

But then on top of that, the Fed is also hesitant to raise interest rates, which pushes down discount rates and rises stock market valuations.

2:04.0

I think the market is correctly responding to the double threat of good news there.

...

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