Better Burgers?
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 1 April 2016
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Fool Money. |
| 0:19.0 | It's the Motley Fool Money Radio Show. I'm Chris Ellin joining me in studio this week |
| 0:22.5 | for Million Dollar Portfolio Jason Moser from Motley Fool Income Investor James Early |
| 0:26.5 | and from Motley Fool Deep Value Ron Gross. You could see it was always gentleman. |
| 0:30.5 | You got the latest headlines from Wall Street just in time for opening day. |
| 0:34.5 | We will dig into the business of baseball and as always we'll give you an inside look at the stocks on our radar. |
| 0:39.5 | But we begin this week with the big macro. The jobs report from March showed an additional 215,000 jobs. |
| 0:47.5 | Unemployment rate ticked up slightly to 5% Ron. What do you think of the report? |
| 0:51.5 | I liked it and don't be too harsh on that unemployment rate. |
| 0:56.5 | There's a good reason for it. The labor participation rate ticked up to 63%. |
| 1:03.5 | It's the highest level since March 2014. We've had a problem with the labor force participation rate for quite a bit of time now. |
| 1:11.5 | We're actually seeing people return to the labor force in this latest report. |
| 1:16.5 | That plays with the math of the unemployment rate. It's for a good reason that we saw that tick up. |
| 1:22.5 | We also saw a tick up in the U6 rate, which we often talk about as the wider unemployment rate, which is at 9.8%. |
| 1:29.5 | Wages, also another sticking point we constantly talk about showing an increase of about 2.3% annualized. |
| 1:36.5 | It's an increase. It's still not where we needed to be. |
| 1:39.5 | Not to belittle all this analysis. Ron knows it. |
| 1:43.5 | The question is, what's the real story? Is it a minor tweak in some of these rates or is it what the Fed is going to do with this information? |
| 1:50.5 | I think the markets are going to watch the Fed. It seems like everyone has given up on the chance of an April rate increase. |
| 1:56.5 | But now everyone seems to fully believe in a June increase. |
| 1:59.5 | Well, even December, I think we're at a 70% likelihood of an increase for the December. |
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