“You’re not clairvoyant.”
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 1 June 2020
⏱️ 23 minutes
🧾️ Download transcript
Summary
Shares of Coty rise as the cosmetics company gets its 4th CEO in four years. Bain & Company believes mergers and acquisition activity in the tech industry is poised to soar. Jason Moser analyzes those stories, and we dip into the Fool Mailbag to discuss whether it’s worth taking a short-term capital gains tax hit.
Transcript
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| 0:00.0 | It's Monday, June 1st. |
| 0:04.0 | Welcome to Market Foolery. I'm Chris Hill with me today. |
| 0:07.0 | Mr. Jason, Moser. Good to see you, my friend. |
| 0:10.0 | Good to see you too. Happy June. |
| 0:12.0 | Happy June. Yours just fly. to see you too happy June you're just flying right by and I tell you yeah yeah |
| 0:17.6 | this year is just flying by that's exactly what the year it's like time flies |
| 0:21.6 | when you're having fun and no wonder |
| 0:23.6 | it feels like this year just will never ever end because we're you know about |
| 0:28.2 | you but this this pandemic stuff I don't find it all that fun. No, no. |
| 0:34.0 | We're going to dip it in the full mail bag. |
| 0:35.4 | We're going to talk about M&A activity and new report out today. |
| 0:39.5 | I want to get your thoughts on. |
| 0:41.8 | I got to say though this is also this is one of those days |
| 0:45.8 | where it feels and this happens every once in a great while this is one of those |
| 0:49.5 | days where it feels a little bit weird to be talking about the stock market and investing because over the |
| 0:55.0 | past few days we've had protests in more than 140 cities across America. |
| 1:02.1 | The National Guard has been activated in roughly half of the states. But this |
| 1:07.6 | morning I was watching CMBC and one of the people they were talking to was Ken Frazier. |
| 1:13.8 | Ken Frazier is the CEO of Merck. |
| 1:16.1 | He is an African American man. |
| 1:19.0 | And one of the things he talked about |
| 1:20.7 | was his upbringing in Philadelphia when when he was a boy and |
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