Video Reports

Embed this video

Copy Code

Link to this video

Get LinkEmbedLicenseRecommend (-)Print
Bookmark and Share

By Jason Stipp | 01-20-2011 06:06 PM

Five Unusual Pairings

Airlines, Goldman, Apple, and world leaders were paired with some curious partners this week, says Morningstar markets editor Jeremy Glaser.

Jason Stipp: I am Jason Stipp for Morningstar and welcome to The Friday Five.

Not since the Odd Couple rerun marathon have we seen a week filled with such unusual pairings.

Here with me to offer the details is Morningstar markets editor, Jeremy Glaser.

Jeremy, thanks for joining me.

Jeremy Glaser: Thanks, Jason. Not everything can be peanut butter and chocolate.

Stipp: What do you have for The Friday Five this week?

Glaser: Well, this week, we will look at unusual pairings among world leaders, at Goldman Sachs, Apple, airlines, and finally we will look at some fast food companies.

Stipp: So President Obama this week had a shindig at the White House. What did you see was an unusual pairing there?

Glaser: Well, certainly we'd all want to know more about what Barbra Streisand and Chinese President Hu Jintao were talking about at the state dinner, but I think certainly the more important thing is, what were President Obama and President Jintao talking about.

Certainly, there are a lot of areas that the United States and China disagree about and places that they are going to try to work on: things like human rights, things like currency and the global markets.

These are issues that they don't necessarily see eye-to-eye on, but they are trying to come together, trying to reach common ground to find ways that can be mutually beneficial to both countries. I think it's great that they are talking. I think it's great that they are able to have these lines of communication open instead of just lobbing insults back and forth. The relationship has been a little bit testy at times. Certainly, in previous conferences, there has been some talk of the Chinese government kind of snubbing the United States and not necessarily playing along with some of the big picture ideas they have.

But they are trying to be constructive. They are trying to find ways to deal with some of these issues that are important to the global economy--ideas about exactly how the Chinese currency is going to appreciate over time. It's going to be a huge impact on the competitiveness of U.S. exports and a huge impact on the way that the recovery plays out globally.

I'm glad to see this pairing is going on, but certainly something a little bit unusual and a little bit different from normal.

Stipp: In corporate news this week, Goldman Sachs released earnings and it got paired with some headlines that maybe were a bit unusual compared with the recent past.

Read Full Transcript
{0}-{1} of {2} Comments
{0}-{1} of {2} Comment
  • This post has been reported.
  • Comment removed for violation of Terms of Use ({0})
    Please create a username to comment on this article