Wall Street Reacts, CES Preview
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 8 January 2021
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Fool Money. |
| 0:18.0 | It's the Motley Fool Money radio show. I'm Chris Hill joining me this week. |
| 0:22.0 | Senior analyst Jason Moser and Ron Gross. Good to see you. |
| 0:25.0 | It was always gentleman. Hey, hey. |
| 0:27.0 | We've got the latest headlines from Wall Street. We'll get a preview of next week's consumer electronic show, |
| 0:33.0 | which you'll want to turn from the Wall Street Journal. |
| 0:35.0 | And as always, we've got a couple of stocks on our radar. |
| 0:38.0 | But we begin with Wednesday's event in Washington, D.C. and the insurrection at the United States Capitol Building. |
| 0:45.0 | This is a show about business, finance, and investing. |
| 0:49.0 | So we're going to start with some perspective from two of the most prominent leaders in finance and investing. |
| 0:55.0 | Jamie Diamond, the CEO of JP Morgan Chase, condemned the violence, saying, quote, |
| 1:00.0 | our elected leaders have a responsibility to call for an end to the violence, accept the results, |
| 1:06.0 | and as our democracy has for hundreds of years, support the peaceful transition of power. |
| 1:12.0 | Larry Fink, the CEO of BlackRock, the largest asset management firm in the world, |
| 1:18.0 | called the violence an assault on our nation, our democracy, and the will of the American people. |
| 1:24.0 | He added that, quote, the peaceful transfer of power is the foundation of our democracy. |
| 1:30.0 | At the end of the day, the mob lost members of the United States Senate |
| 1:35.0 | and House of Representatives went back to work. Democracy prevailed. |
| 1:39.0 | And Vice President Mike Pence announced the certification of the transfer of power. |
| 1:45.0 | And my hunch, Ron, is that that is part of the reason why we saw the stock market hitting an all-time high on Thursday. |
| 1:53.0 | And then again, on Friday. |
... |
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