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Motley Fool Money

Motley Fool Money: 03.21.2014

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 21 March 2014

⏱️ 39 minutes

🧾️ Download transcript

Summary

Microsoft hits a 14-year high. Wal-Mart goes after GameStop. And Starbucks bets on wine and beer. Our analysts discuss those stories. Plus, best-selling author Will Thorndike shares some investing insights from his book, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success.

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:09.0

From full global headquarters, this is Motley Fool Money.

0:19.0

It's the Motley Fool Money Radio Show. Thanks for joining us.

0:21.0

I'm Chris Hill, joining me in studio this week from Motley Fool 1, Jason Moser

0:25.0

from Motley Fool Income Investor James Early.

0:28.0

And from Fool.com, David Hansen. Good to see you guys.

0:31.0

Thanks. We have got the latest from Big Banks, Big Retail, and Big Tech.

0:35.0

Best selling author, Will Thorndike, breaks down on how some unconventional CEOs are finding success.

0:40.0

And as always, we will give you an inside look at the stocks on our radar.

0:44.0

But we begin this week with the Big Macro.

0:46.0

On Wednesday, the Federal Reserve issued a statement saying it intends to keep short-term interest rates

0:51.0

near zero going into 2015, and that the Fed will wait, quote,

0:55.0

a considerable time between the end of the bond buying program and the first hike in interest rates.

1:01.0

But at her first press conference as Fed Chief, Janet Yellen was asked to clarify what a considerable time meant.

1:07.0

She replied, probably something on the order of around six months or that type of thing.

1:12.0

And Jason, market took a dive after she said that.

1:16.0

I should point out the market finished up for the week.

1:19.0

What do you make of that drop? It seems like very short-term thinking on someone's part.

1:24.0

Well, it is. And I mean, it's a very difficult situation for her.

1:27.0

I think because she's jumping into the middle of really this major transition of this, you know,

1:32.0

tapering of the quantitative easing and sort of repairing or monetary policy,

1:36.0

more or less having to introduce herself to the entire world and understanding a little bit more from her perspective.

...

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