MarketFoolery: 08.15.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 15 August 2012
⏱️ 17 minutes
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Summary
Local investors pull money out of China's stock market. Shares of Staples plunge after the retailer reports weaker-than-expected earnings. And Netflix expands to Scandinavia.
Transcript
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| 0:00.0 | Welcome to market for |
| 0:03.4 | market for me to mottly fool inside value |
| 0:06.0 | Chris is out this week so we're having a little bit of a party in the studio without him what |
| 0:10.5 | yes there is a spinning top right now. Joining me today is Tim |
| 0:18.2 | Hanson from Motley Full Asset Management and Jeff Fisher and Brian Henman |
| 0:21.7 | for Motley Fool Pro and Options. |
| 0:23.8 | Welcome guys. |
| 0:25.2 | Hey junk you, Joe. |
| 0:26.2 | We managed to... |
| 0:27.5 | Well, thanks for coming back to him. |
| 0:28.8 | We didn't really break anything. |
| 0:30.6 | And no, no. |
| 0:31.4 | And day two of the great Chris Vacation. We got a lot to cover today including |
| 0:35.4 | tough times at Staples and Netflix's foray into Scandinavia, but let's start |
| 0:39.8 | with China. Bloomberg reported last night that the number of brokerage accounts held by Chinese |
| 0:44.3 | investors and own stocks has fallen off a cliff. |
| 0:47.4 | Now meanwhile we're seeing a lot of pros start to move into China because the market's been |
| 0:50.5 | drubbed. |
| 0:51.5 | So Tim you're a resident China guy who do you think has it right the |
| 0:54.8 | pros or the locals? We got to remember that both sides here are looking at the market |
| 0:58.6 | very differently. You know the Asian markets tend to be generally speaking very momentum oriented and investors are pretty |
| 1:04.7 | unsophisticated in how they think about investing and so whether it's Korea or China or Vietnam, |
... |
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