CEO Shakeups, Fowl Earnings, and Hot Holiday Toys
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 3 December 2021
⏱️ 39 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 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. It's the Motley Fool Money |
| 0:20.1 | radio show. I'm Chris Hill joining me this week's Senior Analyst, Maria Gallagher, and |
| 0:24.0 | Ron Gross. Good to see you both. Nice to see you. |
| 0:27.0 | Chris. We've got the latest headlines from Wall Street. We've got the hot toys for |
| 0:31.0 | the holidays with industry expert Jackie Breyer, and as always we've got a couple of stocks |
| 0:36.0 | on our radar. But we begin with the big macro. The unemployment rate fell to 4.2%, which is |
| 0:42.5 | 2 percentage points lower than where it was in January. The number of jobs added in November |
| 0:48.0 | was just 210,000 well below expectations. But Ron, the one thing we know about monthly |
| 0:54.5 | job numbers, they get revised. And I'm going to be stunned if a month from now this number |
| 1:00.5 | is not revised higher. |
| 1:02.5 | Yes, that's just perfectly with what I was thinking. I will first point out that this |
| 1:07.5 | report differs pretty dramatically from Wednesday's ADP private payroll report, which was better |
| 1:13.9 | than expected. The reports often diverge from that report from the government survey. So |
| 1:19.1 | I'm guessing, as you said, we may see an upward revision. It's not unlikely that the two |
| 1:24.5 | things diverge, but I do agree that this seems a little extra week here, and we may see |
| 1:30.5 | upward next month. Despite that miss, as you pointed out, the unemployment rate fell to |
| 1:36.1 | 4.2%. Professional and business services and transportation and warehousing led the way, |
| 1:42.8 | but hiring in leisure and hospitality, which were really strong in October, which was nice |
| 1:47.1 | to see were weak this time around. Unfortunately, retail jobs were down despite hiring for the |
| 1:53.6 | holiday season, scratching my head a little bit on that one. Labor forts, participation |
| 1:58.7 | rate increased for the month through 61.8%, notably highest level since March of 2020, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

