Taking Stock in a Stimulus
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 18 March 2020
⏱️ 18 minutes
🧾️ Download transcript
Summary
Congress works on a trillion-dollar stimulus package. Walmart hits an all-time high. Blue Apron doubles. And Boeing continues its decline. Motley Fool contributor Dan Kline talks about those stories and weighs in on market volatility, the future of retail, and the future of the cruise industry.
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Transcript
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| 0:00.0 | This episode of Market Foolery is brought to you by Indeed. |
| 0:03.2 | Are you hiring? With Indeed, you can post a job in minutes. |
| 0:06.8 | Set up screener questions, then zero in on your short list of qualified candidates |
| 0:11.4 | using an online dashboard. Get started today at indeed.com slash |
| 0:16.6 | motley. That's indeed.com slash motley. |
| 0:20.7 | It's Wednesday March 18th. |
| 0:25.0 | Welcome to Market Fuller. |
| 0:26.0 | I'm Matt Greer and joining me is Motley Fool Contributor Dan Klein. |
| 0:30.0 | Dan joining us from Florida. |
| 0:32.0 | I'm at my home in Virginia. Dan, how are you doing? |
| 0:35.6 | Well, I was supposed to be in the office all week, but this is the next best thing. |
| 0:39.8 | Dan, I was supposed to be in the office all weeks. The circumstances are unusual, but thank you for having me on. |
| 0:48.0 | The circumstances are in fact unusual, and it's great to have you on, so let's get right to it. The Dow down around 6% at the time of our taping. |
| 0:58.0 | So a familiar, familiar story. And Dan, this is all playing out as Congress debates a trillion dollar |
| 1:05.0 | stimulus now that stimulus would include relief for small business and |
| 1:08.7 | relief for some industries as well as direct cash payments to Americans. What do you think a stimulus means for |
| 1:16.2 | business and what do you think it means for investors? I think for business it creates a |
| 1:20.8 | backstop. It sort of says okay I'm going to have whether it's |
| 1:23.9 | a loan to draw on the ability to not run out of money at least in the next six to |
| 1:29.9 | eight weeks for investors it gives you a little bit more confident in riding this out. |
| 1:35.6 | I mean, look, we can see who the winners and losers are right now, but we also know that some |
| 1:40.5 | companies that are going to be losers remain really strong companies. |
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