Everybody needs money. That's why they call it money.

From full global headquarters, this is Motley Fool Money. It's the Motley Fool Money

Radio Show. I'm Chris L. Joining me this week, Andy Cross and Ron Gross. Good to see you.

As always, gentlemen. Hey Chris. Hey Chris. For the second week in a row, it is

Erning's Paloza. We've got a ton of earning stories to get to along with a couple of stocks on our radar,

but we're going to begin with the big macro. As we are recording this, votes are still being counted

in several states that will help decide the presidential election, but all trends at the moment are indicating

that Joe Biden will become the 46th president of the United States of America. Friday morning guys,

we also got the jobs report for October and it was big run.

638,000 jobs added and the unemployment rate fell from 7.9% to 6.9% and the stock market is on its way

to having its best weeks since April. Yeah, concerning the election, you know,

blue wave divided government, take your pick, make your prediction, what's best for the market, what's not,

I don't know, and I don't think anybody really does either to be honest with you.

So I don't change anything about the way I invest when new administrations take hold.

I do the foolish thing. I buy great companies that I believe in. I hold them for the long term.

The ups and downs, they're going to happen. Administrations are going to come and go, but great companies will rise over time.

And that's how I think about it and it helps me sleep at night and it's much, much easier, Chris.

As far as the economic news, this is a strong report really nice to see unemployment rate fell to 6.9%

that all encompassing unemployment rate. We call it the U6 not we the government calls it the U6 down to 12.1% from 12.8.

So this is good news and we saw the labor force participation rate tick up, which is nice as well.

Now we see spikes going on all over the place overseas in the US. Some states, some municipalities talking about pulling back.

It's very hard for me to predict what happens now when we go through a second wave in through the winter.

...