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Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

Jason, thank you for playing host.

Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

And Toby, thank you for playing the bear to my bull for these opportunities.

Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

And listeners, thank you all so much for joining Motley Fool Money today.

Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

As always, people in the program may have interest in the stocks they talk about, and The Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear.

Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

All personal finance content follows The Motley Fool editorial standards and is not approved by advertisers.

Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

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Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

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Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

For Jason Hall, Toby Bordelon, and the entire Motley Fool Money team, I'm Emily Flippen.

Motley Fool Hidden Gems Investing
Bull vs Bear: Chinese Stock Showdown

We'll see you tomorrow.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

For so many investors, it probably feels like reality is catching up to the market because there's been this difference between how investors and consumers have been feeling versus what the market has been experiencing.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

It does feel like, to me, with so few trading days left in the year, that it's unlikely that the market

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

could go higher from here, given all the headwinds that you just mentioned.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

One of the companies that I follow pretty closely is a business called Paycom.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

They manage payroll processing.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

They reported earnings earlier this week.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

But one of the things that Paycom noted is, obviously, as a payroll processing company, they depend pretty heavily on

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

how many times companies are processing their payroll.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

So if companies are going through stuff like layoffs, that has a tangible impact on their business.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

And they're seeing that firsthand as companies go through these late layoffs into this part of the year.

Motley Fool Hidden Gems Investing
Is the “Santa Rally” Cancelled This Year?

We talked about it last week on the show.