4.4 • 3K Ratings
🗓️ 7 February 2014
⏱️ 39 minutes
🧾️ Download transcript
CVS makes a surprising announcement. Twitter tumbles. And Disney hits a new high. Plus, Guardian technology editor Charles Arthur talks about Microsoft's new CEO.
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0:00.0 | Everybody needs money. That's why they call it money. |
0:08.0 | From full global headquarters, this is Motley Full Money. |
0:19.0 | It's the Motley Full Money Radio Show. Thanks for being here. |
0:22.0 | I'm Chris Hill, joining me in studio this week from Motley Full One, Jason Moser, |
0:25.0 | from Motley Full Income Investor James Early, and from Motley Full Hidden Jams, |
0:29.0 | Chief Investment Officer here at the Motley Full Andy Cross. Good to see you guys. |
0:32.0 | Say, hey, hey, hey, hey, Chris. |
0:34.0 | Microsoft has a new CEO, CVS has a new policy, and Disney's got a new all-time high. |
0:39.0 | We will talk big technology with columnist Charles Arthur, and as always, |
0:43.0 | we'll share a few stock ideas to put on your watch list. |
0:46.0 | But guys, we begin this week with the big macro. |
0:49.0 | The jobs report for January is out. |
0:52.0 | 113,000 jobs were added that was lower than expected, |
0:56.0 | but Andy, the unemployment falls to 6.6%. |
0:59.0 | And the U6, the broadest measure of unemployment, falls to 12.7%. |
1:05.0 | That's the lowest since November 2008. |
1:08.0 | It seems, you look at the percentages, it seems like a pretty good report, but what do you think? |
1:13.0 | Well, since stocks rallied on it, which was kind of surprising given the fact |
1:16.0 | that the number was much lower than what the estimates going out there for. |
1:19.0 | But there were some good signs, like some of the manufacturing numbers were back. |
1:23.0 | Construction numbers were up almost 50,000, so that was good. |
1:27.0 | Some of the adjustments from December and a little bit from November kind of revised up over there. |
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