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MarketFoolery

MarketFoolery: 11.02.2011

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 2 November 2011

⏱️ 21 minutes

🧾️ Download transcript

Summary

Germany reports its first increase in unemployment in 18 months. Apple considers issuing a dividend. And Dunkin' Brands and Open Table serve up quarterly earnings.

Transcript

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0:00.0

It's Wednesday, November 2nd, and this is Market Fullery.

0:04.8

I'm Chris Hill and joining me in studio today for Motley Stock Advisor Andy Cross,

0:08.4

for Motley Full Income Investor James Early, and from Motley Pro, Jeff Fisher.

0:12.4

Gentlemen, good to see you. Chris. Hi Chris. and from Motley Fool Pro Jeff Fisher.

0:12.6

Gentlemen, good to see you.

0:13.8

Good to see you, Chris.

0:14.8

We've got news on Apple, Duncan Brands, and Open Table.

0:18.2

But first, let's hit a little big macro.

0:20.8

Germany reported its first rise in unemployment in a year and a half.

0:25.5

We also got weaker than expected manufacturing numbers for the Eurozone.

0:29.6

And yes, guys, there is still that little situation in Greece with the prime minister who

0:34.0

apparently is meeting with European leaders to discuss his surprise referendum.

0:39.7

James when you look at the Eurozone, what's your takeaway for investors?

0:43.8

Well, Chris, first of all, I'm just hoping my feta cheese and olive oil are going to get a little bit cheaper

0:46.9

soon, but the German news is interesting because it finally starts to bridge the gap between the Greek headlines which have mainly

0:55.1

been just Greek and in continental Europe in terms of actually affecting the economy.

0:59.8

However, the market has been braced for a recession in Europe for a while now, so I'm not as pessimistic

1:07.9

on the stock market as some other people might be.

1:10.3

I think it might be a decent time to buy it because fundamentally these countries

1:13.5

at economic value and that's what's going to carry them through the end of the day.

1:16.5

Jeff, what do you think?

1:17.5

Yeah, as investors we need to look ahead three years or more, which is extremely hard to do right

...

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