4.4 • 3K Ratings
🗓️ 2 May 2014
⏱️ 39 minutes
🧾️ Download transcript
The government reports surprising employment numbers. Ford and Yum name new CEOs. LinkedIn fails to connect. And Coach falls out of fashion. We discuss those stories and talk creativity with Pixar President Ed Catmull.
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0:00.0 | Everybody needs money. That's why they call it money. |
0:07.0 | From full global headquarters, this is Motley Fool Money. |
0:19.0 | It's the Motley Fool Money Radio Show. I'm Chris Cellen joining me in studio this week |
0:22.6 | from Motley Fool One, Jason Moser from Motley Fool Supernova, Matt Argusinger, and for |
0:26.8 | a million-dollar portfolio, Ron Gross. Good to see you, Jens. |
0:28.8 | We've got a few companies with earnings results and a couple of companies with brand-new CEOs. |
0:35.1 | The head of Pixar and Disney Animation, Ed Katmull is our guest this week and as always, |
0:39.4 | we'll give you an inside look at the stocks on our radar. But we begin with the big macro. |
0:44.0 | The jobs report for April was surprising in a good way. 288,000 jobs added and the unemployment |
0:51.0 | rate dropped to 6.3% and ROM when you throw in some pretty strong consumer spending numbers |
0:57.4 | that we saw earlier in the week. How are we looking? |
1:00.7 | I like what I say. I think it's great. 288,000 Best Sense January 2012, February and March |
1:07.6 | both revised up. The Fed felt comfortable tapering another 10 billion from their stimulus |
1:13.6 | program. GDP that we saw a few days ago, definitely the weak point, only 0.1%, which on the |
1:22.4 | face of it is a worrying headline. But I actually do believe that is weather-related. I'm sorry |
1:27.7 | for those of you who are sick of here. I was talking about the weather. |
1:30.7 | But I do think that is the primary reason for that weak number. I think we're already |
1:34.6 | seeing a pickup. |
1:35.6 | Maddie, anything staying out to you? |
1:36.8 | Well, people are going to look at the jobs number, which I thought was a great number. |
1:39.3 | They're going to say, well, there are a lot of people that left the workforce. The quality |
1:43.0 | of the jobs might not be that good. But I'm an optimist. I agree with Ron. The numbers |
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