Motley Fool Money: 03.09.2012
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 9 March 2012
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:09.0 | From full global headquarters, this is Motley Full Money. |
| 0:19.0 | Welcome to Motley Full Money. Thanks for being here. |
| 0:21.0 | I'm your host, Chris Ellin, joining me in studio this week for Motley Full |
| 0:24.0 | Inside Value Joe Mager, for Motley Full Income Investor James Early |
| 0:27.0 | and for Million Dollar Portfolio, Ron Gross, gentlemen. |
| 0:30.0 | Good to see you as always. |
| 0:31.0 | Howdy, how you doing, Chris. |
| 0:32.0 | We have got a new iPad from Apple and a new coffee maker from Starbucks. |
| 0:36.0 | And as always, we've got a few stocks on our radar. |
| 0:39.0 | But we will begin with the big macro. |
| 0:41.0 | The US added 227,000 jobs in February. |
| 0:44.0 | Unemployment stayed at 8.3%. |
| 0:47.0 | Also, Greece said on Friday it had finalized a debt restructuring deal with private lenders. |
| 0:53.0 | That will clear the way for bailout money from the EU and the IMF. |
| 0:57.0 | James Early, I'll start with you. |
| 0:58.0 | What's the takeaway for investors in terms of the big macro? |
| 1:01.0 | Chris, to me, it's Greece. |
| 1:03.0 | The private sector was previously holding these bonds that were worth probably 25 cents to the dollar. |
| 1:08.0 | Now they're officially holding bonds worth 25 cents to the dollar. |
| 1:10.0 | That might not seem like a big deal. |
| 1:11.0 | But from Greece's perspective, now they officially owe less. |
... |
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