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MarketFoolery

MarketFoolery: 02.21.2012

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 21 February 2012

⏱️ 18 minutes

🧾️ Download transcript

Summary

Greece makes a deal. Home Depot and Wal-Mart report earnings.

Transcript

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0:00.0

It's Tuesday, February 21st. This is Market Foolery. I'm Chris Hill and joining me in

0:06.9

studio today for Motley Fool's stock advisor, Jason Moser, the Motley Fool Inside

0:11.2

value Joe Meager. Gentlemen, happy Tuesday.

0:13.9

Happy Tuesday.

0:15.1

Good long weekend, relaxing, you're tanned, rested and ready, all that good stuff.

0:19.1

Very good, relaxing need.

0:20.4

I got to wait at home yesterday actually for the appraiser to come by our house for a

0:23.8

Wow. A refi that were taking advantage of the low rates here.

0:27.2

Wow, you know how to party. I'm telling you.

0:29.2

All right, we have earnings from Home Depot and Walmart, but we should start with the one-two punch that's

0:35.8

getting a lot of play in the financial media today.

0:38.8

That is the fact that the Dow has hit the 13,000 mark.

0:43.2

We're at Dow 13,000 for the first time in nearly four years.

0:47.4

And part of what's getting credit for that is the bailout deal for Greece. hundred seventy two billion from other European nations

0:56.4

and the IMF what do you think jason big deal little deal no deal what do you think about Greece it is a nice headline in it and I

1:05.0

that's just what it is I think it's another headline it's what's driving me nuts

1:08.9

with this whole Greece bailout thing is it's just perpetuating this situation it's not bringing anything to any

1:14.2

resolution because the fact of the matter is they've still not really done anything

1:17.8

all it is is lip service so at the end of the day we still need to see Greece pull

1:21.6

it together and you

1:23.4

know implement this austerity plan which you know we've talked about the

1:26.2

implications of austerity before it's lower economic activity you know it's just

...

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