Shannon Zimmerman

speaker
587 appearances 8 recordings 1 series first heard Apr 2009 last heard Nov 2009

Shannon Zimmerman’s voice in public audio — every appearance, attributed to the second.

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You know, sometimes radar stocks are quasi-recommendations, but sometimes they're not.
Sometimes they're news items, which was the case with Moody's last week.
And for me, the big-ticket news items are Buffett paring back his position significantly in Moody's over the course of the year.
A stock price that has popped 13% during the month of October alone on what seems to be very little actual news, and then still in the atmosphere is what is going to happen to the ratings agencies into the future.
Now, I'm kind of agnostic on the stock in terms of the investment fundamentals.
It is a recommendation of the full stock advisor service, and they certainly know the investment case inside out, so I'll defer to those guys.
But I'm as anxious as the next Reforms Della to see what happens to the agencies.
And if something significant does, that's going to have a significant impact on Moody's.
And the market right now seems to be pricing in that that's not going to occur.
We'll see.
Certainly neither of those.
Should I give any more options?
Well, I'm going to make up my own option, actually.
So it is good news.
There's just no getting around that.
And that's wonderful.
Fewer people are out of work.
And that in itself is terrific news.
And it's especially good news when you connect that dot to the fact that our economy is powered largely by consumer spending.
But we're still within spending distance of 10%.
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