Motley Fool Money: 01.04.2013
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 4 January 2013
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:10.0 | From full global headquarters, this is Motley Fool Money. |
| 0:19.0 | Welcome to Motley Fool Money. Thanks for being here. |
| 0:21.0 | I'm your host, Crisell, and joining me in studio this week from Motley Fool |
| 0:24.0 | Inside Value Joe Maker, from Motley Fool Income Investor James Early |
| 0:27.0 | and for Million Dollar Portfolio, Ron Gross. Happy New Year, guys. |
| 0:30.0 | Happy New Year. We've got some good numbers for automakers. |
| 0:35.0 | We've got some bad numbers for Barnes and Noble, and we will break down the big deals of the week. |
| 0:39.0 | But we begin with the big macro. Friday's jobs report for December is in. |
| 0:44.0 | And Ron Gross, I'll start with you. Here are the results. |
| 0:46.0 | 155,000 jobs added on employment rate at 7.8%. What do you think? |
| 0:52.0 | Can I say good but blah? Does that make sense? |
| 0:55.0 | You've said it before. So why not? |
| 0:57.0 | Everything is unchanged. Unemployment 7.8 unchanged from the revision in November. |
| 1:03.0 | The labor force participation rate unchanged at 63.6. |
| 1:06.0 | The total unemployment rate, the so-called U6 that we sometimes talk about, unchanged at 14.4. |
| 1:12.0 | So we're creating jobs and we're actually creating enough, just enough, really, for things not to go down. |
| 1:19.0 | But the numbers aren't moving enough. |
| 1:22.0 | But I think we're on a nice trend. We're seeing really good numbers consistently now. |
| 1:26.0 | The fiscal cliff is behind us, kind of. |
| 1:29.0 | That's healing to come. That's healing to come. |
| 1:32.0 | But I like the momentum. I like the trend we're on. |
... |
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