This Is When Amazing Companies Are Born
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 10 August 2022
⏱️ 28 minutes
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| 0:00.0 | The trade desk posts blowout earnings and will tell you about a home builder that's |
| 0:08.4 | out-performed Amazon for more than a decade. |
| 0:11.0 | You're listening to Motley Fool Money. |
| 0:21.4 | Welcome to Motley Fool Money. |
| 0:22.4 | Today we are looking at those CPI numbers and potential for more tech layoffs. |
| 0:26.9 | I'm Deedra Willard sitting in for Chris Hill and I'm joined by Motley Fool's Senior |
| 0:30.4 | Analyst Tim Byers. |
| 0:31.4 | Hey Tim, how are you today? |
| 0:33.2 | I'm well Deedra, how about you? |
| 0:35.4 | Doing well, little hot here in the Alexandria area, but hanging in. |
| 0:39.4 | Yeah, it's hot all around the world here. |
| 0:42.5 | But you know, I got my caffeine. |
| 0:44.5 | The wake up juice is warm, which means I'm ready to go. |
| 0:48.0 | Speaking of things that are warm, yeah, inflation. |
| 0:51.0 | So numbers came out and the annual rate of inflation according to the Consumer Price Index |
| 0:55.4 | is a hold and tight at 8.5%. |
| 0:59.0 | So good news unchanged from July, mostly because the gasoline index fell while the cost |
| 1:04.6 | for food and shelter rose. |
| 1:06.1 | So it's kind of this mixed bag, but the thing that keeps coming back to is the high price |
| 1:10.4 | of food. |
| 1:11.5 | So the food index has increased 10.9% over last year, which is the largest price increase |
| 1:17.3 | since May 1979. |
... |
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