Bad Jobs

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 3 June 2016

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

What do worse-than-expected jobs numbers mean for investors? Is Michael Kors stock back in fashion? Are Nike and Under Armour undervalued? Our analysts tackle those questions and share some stocks on their radar. Plus, CNBC's Carl Quintanilla talks about the new CNBC series, Binge. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode of Motley Fool Money is brought to you by Rocket Mortgage by Quicken Loans.
0:04.0	Rocket Mortgage brings the mortgage process into the 21st century with a fast, easy and
0:08.7	completely online process.
0:10.4	Check out Rocket Mortgage today at QuickenLones.com slash Fool.
0:30.0	From Fool Global Headquarters, this is Motley Fool Money.
0:34.0	It's the Motley Fool Money Radio Show.
0:35.4	I'm Chris Hill, and joining me in studio this week for Million Dollar Portfolio, Jason
0:38.8	Moser, and Matt Argus.
0:40.2	And your good-see was always gentleman.
0:41.8	And me, and me.
0:42.8	We will dig into the latest headlines from Wall Street.
0:44.8	Carl Kintinilla will give us a preview of CNBC's new series on the business of entertainment
0:49.8	and as always, we'll give you an inside look at the stocks on our radar.
0:53.2	But we begin this week with the big macro.
0:56.4	And this was when we learned that the month of May was worse than we all thought.
1:00.0	The Friday Jobs Report had the US economy adding just 38,000 jobs in May.
1:05.7	Earlier in the week, the auto sales numbers were almost as bad.
1:08.8	Let's start with the jobs report.
1:11.3	There is no way to spin this, Mattie, as anything other than bad.
1:15.3	It was jarring to see, I mean, month in, month out.
1:18.6	We've had jobs growing at excess of 200,000.
1:22.0	And to see a number like this, 38,000.
	...

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