Motley Fool Money: 04.01.2011
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 1 April 2011
⏱️ 39 minutes
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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 | Welcome to Motley Full Money. Thanks for being here. I'm your host, Chris Hill. |
| 0:22.0 | And I'm joined by Motley Full Senior Analyst, Seth Jason, James Early, and Ron Gross. |
| 0:26.0 | Good to see you. Good to see you, Chris. We've got trouble in the house of Buffett. |
| 0:30.0 | And we've got a potential IPO from Duncan Donuts. |
| 0:33.0 | We'll talk with author Jonah Lehrer about how investors can make better decisions. |
| 0:37.0 | Plus, as always, a look at the stocks on our radar. |
| 0:40.0 | But we begin with the big macro. |
| 0:42.0 | Guys, surprisingly good jobs report on Friday. |
| 0:45.0 | Unemployment rate fell to 8.8% the lowest since March 2009. |
| 0:50.0 | And the first quarter of 2011 closed with the Dow having its best first quarter since 1999. |
| 0:55.0 | Since 1998. Ron Gross, I'll start with you. |
| 0:58.0 | And let's start with the jobs numbers. What did you think? |
| 1:01.0 | They look good. I can't deny it. Not that I would want to. |
| 1:05.0 | But second month of the row of employment gains, the employment rate, as you said, fell to unemployment rate, |
| 1:10.0 | fell to 8.8%. I liked the fact that it was on the heels of private sector job creation. |
| 1:17.0 | Government actually continues to fall. But private sector looks strong. |
| 1:21.0 | Obviously, the unemployment numbers have been kind of this Achilles heel of the stock market and the economy. |
| 1:26.0 | People waiting to see that improve. And we're doing so. |
| 1:30.0 | What's interesting, I think people should watch is, as these numbers get better and better, |
| 1:34.0 | we may see some people re-enter the market that were formerly disgruntled. |
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