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Motley Fool Money

Motley Fool Money: 09.27.2013

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 27 September 2013

⏱️ 39 minutes

🧾️ Download transcript

Summary

Government shutdown looms, JC Penney does it again, and Nike hits an all-time high. Our guys analyze the latest on Microsoft’s next CEO and share 3 stocks on their radar. Plus, craft beer pioneer Ken Grossman takes us inside the industry with his new book, Beyond the Pale: The Story of Sierra Nevada Brewing Co.

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 Full Money.

0:19.0

Welcome to Motley Full Money. Thanks for being here.

0:21.0

I'm your host, Chris Hill. Joining me in studio this week from Motley Full One, Jason Moser,

0:25.0

from Motley Full Supernova, Matt Argusinger, and from Motley Full Funds, Tim Hansen.

0:29.0

Good to see you guys. We have got the latest on retail, consumer goods, and more.

0:34.0

I'll tell you who the front runner is to be the next CEO of Microsoft.

0:38.0

And as always, we'll share a few stock ideas that you can put on your watch list.

0:42.0

But we begin this week across the river in Washington, DC, where Tim,

0:46.0

I'll just start with you, the looming government shutdown.

0:50.0

Who knows if we'll even be here next week to record the show?

0:54.0

Who among us? Who among us can know?

0:57.0

This seems, though, with the countdown to September 30th, the possibility of the federal government shutting down.

1:03.0

Maybe it's just me, but it seems like Wall Street is just sort of shrugging its shoulders and saying,

1:10.0

you know what, we're not really interested. We're not worried about this at all.

1:14.0

You know, this is one of those situations where the difference between having money on the line

1:18.0

and just speculating leads to very different conclusions.

1:22.0

So you go, you know, you turn on the TV and it's like, you know, I've got no money in this game.

1:26.0

But man, there could totally be a government shutdown.

1:28.0

And then you go to Wall Street where people are actually investing, presumably based on the health of the economy.

1:33.0

And they seem to think this is not a big deal.

1:35.0

I agree with the latter more than the former. As I say in Texas, this is all hat, no cattle.

...

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