Market Rebounds and Disney Reopenings
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 29 May 2020
⏱️ 39 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 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 |
| 0:20.3 | radio show. I'm Chris Hill joining me this week. Jason Moser and Ron Gross. Good to |
| 0:24.4 | see you, gentlemen. Hey, Chris. We've got the latest headlines from Wall Street. We will |
| 0:29.1 | dig into the entertainment industry. And as always, we've got a couple of stocks on our |
| 0:33.1 | radar. But we begin with the market writ large in a week where the unemployment number hit |
| 0:41.1 | 40 million over the past 10 weeks. Ron Gross, we also have the S&P 500 basically where |
| 0:49.7 | it was seven months ago when unemployment was so much lower. Back in late October, that |
| 0:57.2 | was an all time high for the market. S&P 500 still down about 7% year to date. But I continue |
| 1:05.8 | to be surprised and a little bit confused by how well the market is doing. |
| 1:10.5 | Yes. Don't throw from kind of getting closer to even. That's actually up. Conventional |
| 1:16.9 | wisdom at December 31st said the market was overvalued at about 23 times earnings. That |
| 1:21.2 | was when we had a stark low unemployment and earnings that were really solid. Now we |
| 1:25.6 | have not that and the markets were getting back to where we were there. So there's a lot |
| 1:30.3 | of folks that are concerned that a market has gotten ahead of itself. Even I love the |
| 1:34.6 | optimism of hoping a vaccine comes and hoping we get back to business. But we're not going |
| 1:40.7 | to get back to the levels we saw at December 31st anytime soon. So for the market to be approaching |
| 1:46.9 | those levels seems to me that it's getting a bit ahead of itself. And I hope I'm wrong |
| 1:52.4 | because I love when the market goes up. Jason, what about you? |
| 1:56.9 | Well, I mean, yeah, we we fell really far really quickly, right? And we've certainly gained |
| 2:02.3 | some of that ground back. I mean, I think neurons right? And then probably generally speaking |
| 2:06.4 | a pretty glass half full attitude out there today in that there is, you know, at some point |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2026.

