Record Stimulus, Record Unemployment, Volatile Market
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 27 March 2020
⏱️ 39 minutes
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| 0:00.0 | Hey, it's Chris. How you doing? You hanging in there? Another crazy week, right? |
| 0:04.4 | Don't worry. We're gonna help you get through this. This episode of Motley Full Money is brought to you by Indeed. |
| 0:10.4 | We're gonna go through all the big headlines. We're gonna make a couple of suggestions for Warren Buffett, not that he needs our advice. |
| 0:17.5 | And we're gonna get you through this. So let's start the show. |
| 0:24.8 | Everybody needs money. |
| 0:26.8 | That's why they call it money. |
| 0:30.0 | They've been alive for three. |
| 0:32.5 | But you can get them to the present. Be the future. |
| 0:36.5 | From full global headquarters, this is Motley Full Money. It's the Motley Full Money Radio show. |
| 0:40.9 | I'm Chris Hill joining me in studio this week. Senior analyst Jason Moser and |
| 0:45.6 | Connecting from his home senior analyst Andy Cross. Thanks for being here guys. Hey, hey Chris. |
| 0:51.0 | We're gonna dig into everything that's gone on this week. Yes, we have some stocks on our radar. |
| 0:55.7 | But we're gonna start with the big macro. The Senate passed a two trillion dollar stimulus bill that the House of Representatives will now consider |
| 1:04.0 | 3.3 million people filed for unemployment. |
| 1:07.6 | The chairman of the Federal Reserve says there's no limit to the Fed's lending power. |
| 1:12.4 | And yes, guys, in the middle of the week, we had a three-day rally that was the biggest three-day rise since the 1930s. |
| 1:20.9 | Andy Cross, let me start with you. Take any of that. Take anything else that's gone on this week. |
| 1:29.2 | Where is your mind right now as an investor? |
| 1:33.2 | It's a pretty incredible week Chris. I mean, it started with Monday when the Federal Reserve opened the checkbook. |
| 1:39.2 | They basically said we are not limiting ourselves when we are buying these assets, specifically treasuries. |
| 1:46.8 | And thinking about what they are going to do to support the U.S. economy, really the global economy, continuing to work with central banks around the world. |
| 1:55.2 | But they just basically laid it all out on the table. And then of course, the stocks just got wobbled up on Monday. |
... |
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