MarketFoolery: 07.15.2013

MarketFoolery

The Motley Fool

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4.7 • 1.7K Ratings

🗓️ 15 July 2013

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Citi’s stock is on fire. Blackberry holds a fire sale. And Boeing is dealing with its latest fire. All that plus we dip into the Fool mailbag.

Transcript

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0:00.0	It's Monday, July 15th.
0:03.8	Welcome to Market Fullry.
0:04.8	I'm Chris Hill joining me in studio today for Motley Full One, Jason Moser and for
0:08.4	Fool.com, Matt Koppen-Heffer.
0:10.4	Happy Monday, gentlemen.
0:11.4	It's hot in here.
0:12.4	It's hot in here.
0:12.6	It's hot here in the Greater D.C. area,
0:16.2	and it is hot in our office because the AC was out over the weekend,
0:19.3	but it's nice and cool here in the studio.
0:21.4	I'm staying here the rest of the day.
0:22.6	I was just going to say everybody lock and load for a nine hour podcast because no, we're not going to talk for that long.
0:28.4	We're going to talk.
0:31.4	Technology, we're going to talk Dow St. We will dip into the full mail bag via
0:36.1	Twitter, but let's start with one of the big bags which is Citigroup. Quarterly
0:42.0	Revenue and Profits came in higher than expected.
0:45.0	What do you think, Matt? It seems like a pretty good quarter.
0:48.0	Looking good. I think it was a solid quarter overall.
0:52.0	You know, one of the stories I've been looking at and I'll get just wonky for one second here.
0:58.3	With interest rates going up, one of the things that we've seen is that the bond portfolios of the banks,
1:02.1	we saw this with
1:02.8	J.P. Morgan and Wells Fargo as well have taken a big hit. So for Citigroup they
	...

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