Truist? “We actually thought it was a joke.”

MarketFoolery

• Episode: Truist? “We actually thought it was a joke.”
• Website: MarketFoolery
• Feed URL: http://feeds.feedburner.com/Marketfoolery
• Duration: 00:24:27
• Published: 2019-06-13 21:19

Lululemon athletica and RH both rise on strong 1st-quarter reports, but MFAM Funds portfolio manager Bill Barker is more bullish on one than the other.  Plus, Suntrust and BB&T unveil the name of their recently-merged $66 billion bank and it’s……Truist??? We share our reactions, as well as the business case against the new name. (Tangents include competitive yoga, why the Stanley Cup is the best trophy in North American sports, and how the classic movie “This Is Spinal Tap” relates to the 6th-largest bank in the U.S.)