Market Foolery: 06.25.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 1 July 2014
⏱️ 18 minutes
🧾️ Download transcript
Summary
The US Supreme Court hands broadcast and cable TV companies a big win. GDP sinks nearly 3%, but Wall Street shrugs it off. Plus Motley Fool Funds analyst Bill Barker shares what he learned at an investing conference in Paris.
Transcript
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| 0:00.0 | It's Wednesday, June 25th. |
| 0:03.6 | Welcome to Market Foolery. |
| 0:04.8 | I'm Chris Hill joining me in studio today from Motley Fool Funds. |
| 0:08.3 | Back from Europe, Mr. Bill Barker. |
| 0:10.7 | Good to see you, man. |
| 0:11.5 | Good to be back. Welcome to be back. |
| 0:13.4 | Welcome. Welcome back. |
| 0:14.4 | Thank you. |
| 0:15.4 | We are not yet at the start of the next earning season, but fortunately, as Tony |
| 0:21.9 | Kornheiser would say, |
| 0:23.0 | the news fairy arrived this morning |
| 0:27.0 | and sprinkled some dust, and so we've got a couple of stories |
| 0:32.0 | regarding GDP and the Supreme Court will also... of the |
| 0:33.3 | Supreme Court will also talk about what you learned when you're over allegedly at an |
| 0:38.8 | investing conference in Paris. |
| 0:40.6 | Let's start however with the US Supreme Court, which has ruled that Ario, the TV |
| 0:48.4 | streaming service, is illegal. |
| 0:51.6 | For those who don't know, Ario is this startup company that effectively captured the over-the-air |
| 0:57.4 | signals of traditional broadcasters and was able to channel it to subscribers so that people could watch on their computer, |
| 1:06.0 | their tablet, their smartphone, that sort of thing. |
| 1:08.0 | And Ario argued, hey, our clients are just renting antenna |
| 1:12.0 | that they would otherwise have in their home and the |
... |
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