Motley Fool Money: 12.20.2013
Motley Fool Money
The Motley Fool
4.4 • 3K Ratings
🗓️ 20 December 2013
⏱️ 39 minutes
🧾️ Download transcript
Summary
The Dow hits a record high as strong 3rd-quarter GDP numbers surprised Wall Street. Nike & FedEx deliver mixed earnings. Chipotle gets into the pizza business. Plus columnist Morgan Housel shares his outlook for 2014.
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 L. Joining me in studio this week from Motley Full One, Jason Moser |
| 0:25.0 | and for Million Dollar Portfolio, Charlie Travers and Ron Gross. |
| 0:28.0 | Good to see you, Jens. How you doing? |
| 0:30.0 | We have got the latest headlines from the business of sports, pizza and robots. |
| 0:34.0 | Gosh, we should just do that every week. That's a line up right there. |
| 0:37.0 | Our man, Morgan Hauser, will share his thoughts on 2013 |
| 0:40.0 | and what he's watching in 2014. |
| 0:42.0 | And as always, we will share a few stocks that you can put on your watch list. |
| 0:45.0 | But we begin this week with the big macro. |
| 0:48.0 | Third quarter GDP grew more than 4% Ron. |
| 0:51.0 | It was the fastest rate in nearly two years. |
| 0:53.0 | And of course, on Wednesday, Ben Bernanke announced that finally, |
| 0:57.0 | the Federal Reserve is going to start tapering. |
| 0:59.0 | They're going to pair back the bond buying program. |
| 1:02.0 | It's not going to be $85 billion a month anymore. |
| 1:04.0 | Oh, no, no, no. |
| 1:05.0 | It's a pittance. Now it's just $75 billion. |
| 1:07.0 | Well, well, well. What do we have here? |
| 1:10.0 | Could we have a smooth takeoff in the making, which is the opposite of a soft landing? |
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