Rates Going Down, Cava Keeps Climbing

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 23 August 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

The market heard the eight magic words from Fed Chair Jerome Powell: “the time has come for policy to adjust.” (00:21) Ron Gross and Matt Argersinger discuss: - The Fed’s path to lower rates and what kind of cuts investors can expect. - Cava’s blowout earnings report, and how its valuation stacks up after a stellar start to 2024 - Retail earnings from: Target, Lowe’s, and TJX. (19:11) MFM was on-site at Podcast Movement 2024 in DC – we give you a mini-keynote on the state of the podcast industry and why more video might be in the industry and Spotify’s future. (28:09) Ron and Matt break down two stocks on their radar: Papa John’s and Progressive. Stocks discussed: CAVA, CMG, TGT, LOW, TJX, SPOT, PZZA, PGR Host: Dylan Lewis Guests: Tim Beyers, Mary Long, Ryan Henderson Engineers: Tim Sparks, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	rates are going down and falafel keeps heading up. This week's Motley Full Money
0:08.9	Radio show starts now. Everybody needs money.
0:27.0	money.
0:28.0	That's why they call it money.
0:30.0	The best things in a life are free. but you can give them to the pros and
0:35.8	be the people. From Fool Global Headquarters, this is Motley Fool Money.
0:40.3	It's the Motley Full Money Radio Show. I'm Dylan Lewis.
0:42.8	Joining me over the airwaves, Motley Fool's senior analyst, Ron Gross and Matt Argersinger.
0:47.1	Fool's, great to have you both here.
0:49.1	Dylan.
0:50.3	Hey doing, Dylan. I'm doing great. We've got retail earnings. We've got a rundown on the state of the
0:54.3	podcast industry and of course as we do every week we've got stocks on our radar but we've got
1:00.3	something that we don't get every week and that's an update on the big
1:03.8	macro from none other than the Fed chair himself Jerome Powell. Matt he
1:08.8	offered up some of his latest thoughts on the Fed's direction in a speech at Jackson Hole this week and the
1:14.4	market seemed to get exactly what it was looking for. It certainly did Dylan and
1:18.9	I'll say this I got this one a little wrong. I really thought stock market near records kind of investor
1:26.5	complacency everywhere you look when it comes to asset prices and valuations. The fact that
1:31.4	Treasury yields have already fallen about 100 basis points just in the last few
1:35.0	months, I really thought Powell was going to come in and kind of just pump the brakes a little bit. And even if he didn't,
1:40.8	I thought this would be more of a kind of buy the rumor sell the news
1:43.5	situation for the market. The market's just been ramping to this moment, super
	...

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