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Motley Fool Hidden Gems Investing

Motley Fool Money: 06.12.2009

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 12 June 2009

⏱️ 19 minutes

🧾️ Download transcript

Summary

Does a new CEO at Palm mean trouble for competitors like Apple and Research In Motion? What does the new “compensation czar” have in store for companies like Bank of America and Citigroup? And did you hear the one about the two guys caught trying to smuggle $134 billion in U.S. bonds into Switzerland? (No, it’s not the opening of a joke, it really happened.) We’ll tackle those questions, share 3 investment ideas, and air a few beefs.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to Motley Fool Money. I'm Chris On. I'm joined by Motley Fool Senior

0:07.6

analyst Seth Jason, James Early and Shannon Zimmerman. Guys, happy Friday.

0:11.8

I'm saying Friday to you Chris.

0:13.3

Alright, we've got a lot to get to including piles of economic data and a new

0:17.2

Zara on the block. We'll talk about Palm's new CEO, an international high story

0:22.2

that is just begging to be made into a movie plus we'll share three stock ideas

0:26.8

and air a few beefs.

0:29.6

Shannon, let's start with the big macro. A lot of data came out this week,

0:33.4

including things like consumer confidence rose to a nine-month high.

0:37.6

Oil prices hit an eight-month high. Foreclosure filings fell six percent from

0:42.7

April to May. US import prices rose 1.3 percent. I mean, I could go on and on.

0:48.6

You could, please don't, but yeah, because Lord knows there might be people driving

0:52.8

their car right now listening to this. But what stood out for you?

0:56.1

What caught your attention and why? Well, you mentioned that there were piles

0:58.9

of economic data. Yeah, in one particular pile is the consumer confidence

1:01.9

figure. We won't say what that pile is, but that doesn't really have any

1:05.2

interest from me. But we do live in, is that the pile on the south end of the

1:08.4

northbound cow? I'm going to defer to you on that. What wasn't interest to me

1:13.7

is the bond market and what's happening nowadays there is much more interesting to

1:17.2

me than what's happening in the stock market. So the treasury had two auctions,

1:20.2

one for the tinier, which went badly, one for the 30-year, which went well.

1:23.2

So how do you read those tea leaves? Basically, what is happening is that the

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