Motley Fool Money: 08.19.2011
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 19 August 2011
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:16.0 | From Fool Global Headquarters, this is Motley Fool Money. |
| 0:19.4 | Welcome to Motley Fool Money. Thanks for being here. I'm your host, Chris Hill, and joining |
| 0:22.6 | me in studio this week from Motley Fool Global Games, Tim Hanson, from Motley Fool Inside |
| 0:26.8 | Value Joe Maker, and from Motley Fool Income Investor James Early. Guys, good to see you. |
| 0:31.4 | Good to see you, Chris. |
| 0:32.2 | We've got Google spending billions on Motorola. We've got Coke investing billions on China, |
| 0:38.2 | and we've got a few stocks on our radar, but we will begin with the big macro. Guys, |
| 0:43.9 | the not great news continued this week. The number of Americans applying for unemployment |
| 0:49.7 | benefits rose. We had headlines about how Germany's economy was flat for the latest quarter. |
| 0:55.5 | Let's just go around the table. Joe Maker, I'll start with you. What stood out for you |
| 0:59.5 | this week? Macro wise. It was all really bad. There was a lot of bad, just bad piling |
| 1:05.9 | up everywhere. It seems to be pointing towards more bad. The general vibe is that we could |
| 1:11.9 | be sliding into a second recession. I don't know that it's going to be catastrophic, but |
| 1:16.5 | it definitely points towards concern, and I think investors need to respond. |
| 1:21.7 | How should investors respond? |
| 1:23.2 | I had a feeling you'd ask that. I would say by getting a little bit conservative or maybe |
| 1:28.4 | not getting out of stocks, but rotating to conservative ones and thinking about some |
| 1:32.6 | of your exposure to cyclical businesses or high growth businesses with fraughty valuations. |
| 1:38.5 | James, what did you make of the week? |
| 1:40.5 | Chris, we've had this same scenario on the positive a couple months ago, then on the |
| 1:45.4 | negative. Back and forth, back and forth. To me, the news is still inconclusive. I just |
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