MarketFoolery: 10.09.2013
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 9 October 2013
⏱️ 15 minutes
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Summary
Janet Yellen is nominated to be the next head of the Federal Reserve, Yum Brands’ Q3 profit falls 68%, and Joseph A. Bank makes a $2.3B bid for Men’s Wearhouse.
Transcript
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| 0:00.0 | It's Wednesday, October night. |
| 0:04.0 | Welcome to Market Foolery. |
| 0:05.0 | I'm Chris Hill joining me in studio today for Motley Pool 1, Brian White and from |
| 0:08.7 | Fool. |
| 0:10.0 | David Hanson. |
| 0:10.8 | Thanks for being here guys. |
| 0:12.0 | Yow We've got a lot going on. We've got young. David Hanson. Thanks for being here guys. Yo. |
| 0:12.6 | We got a lot going on. |
| 0:13.8 | We've got young brands with their latest results. |
| 0:17.2 | We've got, I say this without a trace of irony. |
| 0:21.7 | An exciting deal brewing in the apparel retail |
| 0:25.8 | space, but let's start with the big news of the day and that is with the Fed |
| 0:30.8 | chief or I should say the next Fed chief because at three o'clock President Obama is going to introduce Janet Yellen as his nominee to be the next head of the Federal Reserve. |
| 0:41.0 | I think it goes without saying historic. of the Federal Reserve. |
| 0:42.8 | I think it goes without saying historic, |
| 0:45.0 | first time a woman will be assuming she is confirmed, |
| 0:48.7 | the head of the Federal Reserve. |
| 0:52.3 | I'll start with you, David. What do you think of this you're a banking guy it's just |
| 0:55.6 | we knew it wasn't going to be Larry Summers yeah we knew that even though |
| 0:59.7 | there was a bookmaker in Dublin who had summers of the odds on favorite right before he was no longer the favorite but what are you expecting out of Janet Yellen? |
| 1:10.0 | I wasn't surprised you mentioned the odds maker I think Janet Yellen at the time was a six to one favorite |
| 1:16.0 | So I wish I would have put some money down on it but yeah I don't I don't have too much of an opinion I was in the camp that |
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