MarketFoolery: 06.18.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 18 June 2014
⏱️ 18 minutes
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Summary
The Fed calls for another $10 billion taper. Amazon finally unveils its new $199 smartphone. FedEx stock hits an all-time after 4th-quarter profits doubled. Plus we analyze Tesla Motors’ decision to release its patents.
Transcript
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| 0:00.0 | It's Wednesday, June 18th. |
| 0:04.0 | Welcome to Market Foolery. |
| 0:06.0 | I'm Chris Hill joining me in studio today for Motley |
| 0:08.9 | Supernova, Matt Arguessinger. |
| 0:10.6 | Thanks for being here, man. |
| 0:11.6 | Sure, happy to be here. So let me start with a tweet from |
| 0:16.4 | CMBC's Kayla Toushe, who wrote, it is the afternoon of well telegraphed news and it really is the afternoon of well telegraph news |
| 0:26.8 | Fitting that we are taping later than normal normally we get in the studio around 1130 or 12 |
| 0:31.1 | We're taping this sometime after 3 o'clock, but that's good because we can talk about the |
| 0:36.4 | well telegraph news and I'm referring specifically to the Fed and the event that |
| 0:40.8 | Amazon.com have. |
| 0:42.0 | We're also going to get into FedEx's earnings and talk a little Tesla Motors, but let's start with the Fed. |
| 0:48.0 | Well, we knew this was coming, right? Another $ billion dollar taper Janet Yellen seems to have gotten |
| 0:58.0 | much better on the job I don't I shouldn't you know I shouldn't even say much better |
| 1:02.0 | she had that first press conference where I think |
| 1:06.2 | no one really thought she did particularly well. She appears very adept at dealing with |
| 1:10.5 | Q&As now and the market responding up a little bit in the wake of the news. |
| 1:15.7 | Right? |
| 1:16.7 | I mean the Fed is nowadays full of no surprises. |
| 1:19.7 | I mean this is just they're on the course. |
| 1:21.7 | Isn't that what we want though? |
| 1:22.5 | I mean it is it is what we want. |
... |
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