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Motley Fool Money

Motley Fool Money: 07.11.2014

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 11 July 2014

⏱️ 39 minutes

🧾️ Download transcript

Summary

The Fed's bond buying will end in October. Earnings season starts with a bang for Alcoa, but a thud for The Container Store and Lumber Liquidators. We analyze an upcoming merger for Big Tobacco and an upcoming makeover for one restaurant chain. Plus, portfolio manager Bill Mann discusses European banks, the best way for companies to use cash, and why he's heading to Japan.

Transcript

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0:00.0

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

0:07.0

From full global headquarters, this is Motley Fool Money.

0:19.0

It's the Motley Fool Money Radio Show. I'm Chris Hill joining me in studio this week

0:23.0

from Motley Fool Supern of a Matt Argus singer from Motley Fool Income Investor James Early

0:27.0

and $5 million portfolio Ron Gross. Good to see you, Jens. How you doing Chris?

0:31.0

Earning season kicked off this week. We will dig into some of the early results.

0:34.0

The strong run of the housing industry is starting to show signs of fatigue.

0:38.0

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

0:41.0

But we begin this week with the big macro.

0:44.0

This week, the Federal Reserve revealed that the bond buying program,

0:48.0

which has been steadily tapered over the past year, will end in October and Ron,

0:53.0

we knew this is coming. I don't know, but I was still surprised that they put this out

0:58.0

and confirmed this three months in advance.

1:00.0

You know, it's interesting if you find this kind of stuff interesting.

1:03.0

Of course. And hopefully, our listeners will.

1:06.0

There's a few conflicting pieces of data. One is you have the Fed and others lowering GDP forecast.

1:14.0

Partially because of the first quarter winter weather, partially other reasons.

1:18.0

But you also have unemployment coming down nicely.

1:22.0

So they have to balance all this and they have to think about interest rates and inflation.

1:26.0

Because that's the next thing we need to worry about.

1:28.0

So I think on balance, they think, let's take away the quantitative easing,

1:32.0

focus on interest rates and inflation going forward.

...

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