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Motley Fool Hidden Gems Investing

Motley Fool Money: 05.14.2010

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 14 May 2010

⏱️ 39 minutes

🧾️ Download transcript

Summary

On this week's Motley Fool Money Radio Show, we talk EU bailout, gold prices, Disney earnings, Whole Foods earnings, and stocks on our radar. NYU Economics Professor Nouriel Roubini talks about the next big financial crisis. And business author Jeanne Bliss talks about the power of apologies.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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

0:10.0

From full global headquarters, this is Motley Fool Money.

0:20.0

Welcome to the show. Thanks for being here. I'm your host, Chris Hill, and I'm joined by Motley Fool,

0:24.0

Senior Analyst, Seth Jason, James Early, and Shannon Zimmering.

0:27.0

Guys, good to see you. Good to see you, Chris.

0:29.0

On today's show, economics professor Noriel Robini talks about the next big crisis,

0:34.0

Dr. Doom, and business author Gene Bliss talks about the value of an apology.

0:39.0

So that's right. We've got Dr. Doom and Miss Bliss.

0:42.0

We'll also talk gold, Disney, and Whole Foods, and we'll give you an inside look at the stocks that are on our radar.

0:48.0

But we begin with Friday's better than expected retail numbers.

0:52.0

Seth Jason, you're a retail guru. What did you think?

0:55.0

Let's put finger quotes about this better than expected.

0:58.0

I don't know why anyone would call it that. If you take a look below the headline and read the report,

1:04.0

you see that almost all of the gain here was in building materials and garden supplies.

1:09.0

This is all just a bump because of the upcoming or the then upcoming expiration of federal manipulation of the housing market,

1:16.0

all those housing credits and all those programs. And so people were buying in advance of that.

1:20.0

If you look at other segments, furniture and home furnishing stores, electronics, food beverage,

1:25.0

all these are flat or slightly down. This is not good news.

1:28.0

And I think that's why the market was less than enthusiastic when this report was released.

1:32.0

All right. Let's move overseas. Earlier in the week, the EU announced a $1 trillion bailout

1:38.0

to help Greece and other struggling EU countries.

1:41.0

The markets were up sharply on the news. James Early, the EU bailout is being called Letharp

...

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