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MarketFoolery

MarketFoolery: 06.24.2013

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 24 June 2013

⏱️ 17 minutes

🧾️ Download transcript

Summary

Investors react to concerns about China. The Federal Trade Commission reviews Google's acquistion of Waze. And Monsters University scares up some big returns at the box office.

Transcript

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0:00.0

It's Monday, June 24th.

0:04.0

Welcome to Market Foolry.

0:05.0

I'm Chrisil joining me in studio today from Motley Fool 1,

0:08.0

Jason Moser, and from Motley Fool's Chief Investment Officer, Andy Cross.

0:12.0

Good to see you guys.

0:13.2

Happy Monday.

0:14.0

Happy Monday.

0:15.2

I say happy Monday, and yet the stock market

0:18.5

is just a wash in red today.

0:20.5

So we will get to that. We're also going to talk about Google's latest

0:26.2

acquisition and Disney which appeared to have won the weekend but let's start

0:32.2

with the market in general and as I said stocks just

0:34.6

getting hammered I think the Dow was down at like one and a half percent something like

0:40.9

that when we walked in the studio this morning and China

0:46.0

getting the the credit or the blame take your pick but it appears that for all the

0:50.6

woes or all the worries Andy of QE2 and the winding down of the

0:56.7

of the bond buying program in the in the US it appears that China may actually have

1:00.3

more banking problems than us.

1:01.6

Here's a thing Chris that I mean the mean, look at the bond performance and look at the 10-year bond

1:06.2

yield here in the US, and it's like falling the equivalent of like 30% in the course of,

1:11.6

what, a month or so from when the Fed when Chairman Bernanke

1:17.0

started speaking and hinting at the fact that we're going to have this right down but China

...

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