Rising Unemployment, Rising Investor Optimism
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 17 April 2020
⏱️ 39 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Full Money. |
| 0:19.0 | It's a Motley Full Money radio show. I'm Chris Hill joining me this week Jason Moser and Ron Gross. |
| 0:24.0 | Good to see you on my screen gentlemen. |
| 0:27.0 | You as well. How you doing? |
| 0:29.0 | We've got the latest headlines from Wall Street. |
| 0:31.0 | OCTO co-founder Frederick Karrist is our guest and as always we've got some stocks on our radar but we begin with the big macro. |
| 0:39.0 | An additional 5.2 million Americans filed for unemployment this week. |
| 0:43.0 | That brings the total over the last four weeks to 22 million Americans unemployed. |
| 0:49.0 | And yet, gentlemen, the Dow, S&P 500 and NASDAQ all up this week. |
| 0:56.0 | Jason, I know there are some bright spots out there and we're going to get to them but just the unemployment number and a rising stock market really stands for this. |
| 1:06.0 | Definitely does. I think this portends what is going to be really a tale of two recoveries. |
| 1:11.0 | We're going to see the recovery for Wall Street and we're going to see the recovery for Main Street. |
| 1:16.0 | I think it's fair to assume we always talk about the market being forward looking. |
| 1:19.0 | The market is going to get ahead of the actual recovery. |
| 1:25.0 | We came out of a really bad stretch in March where it seemed like every day there was nothing but bad news. |
| 1:31.0 | And now here in April we're starting to see some glimmers of better news. |
| 1:36.0 | It does seem like the curve is flat name. Maybe there's a finished line here. |
| 1:40.0 | And I think that's ultimately what the market is taking into consideration. |
| 1:45.0 | At least partly is that there is a finished line here. |
| 1:48.0 | At some point we're talking about opening the country back up here step by step, little by little. |
| 1:53.0 | And that's encouraging but it is going to be I think the tale of two recoveries. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

