Motley Fool Money: 07.02.2009

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 2 July 2009

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

The unemployment rate hits a 26 year high. Bernie Madoff gets hit with a 150 year sentence. And Wal-mart takes some hits for its support of employer mandated health coverage. So what does it all mean for investors? In this installment of Motley Fool Money, we tackle those stories, debate the relative merits of Home Depot and Lowe’s, and get under the hood of high-tech car safety company AutoLiv. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to Motley Full Money, I'm Chris Held, I'm joined by Motley Full Senior Analyst
0:08.0	Seth Jason, James Early, and Shannets and Ray Guys.
0:11.1	Happy Thursday!
0:12.1	Good evening!
0:13.1	Short week this week, so we're going on Thursday.
0:15.4	Coming up we'll discuss the latest in the Bernie Madov saga, Walmart's decision to jump
0:19.9	into the National Healthcare debate and share a few stock ideas.
0:23.7	But we start once again this week with the big macro.
0:26.7	The government announced earlier today that the nation's unemployment rate in June
0:30.6	rose to 9.5%.
0:32.6	Shannets, it's the highest unemployment in 26 years.
0:36.6	Right, so you have to give in where you have come so far, you have to ask because of the
0:40.8	glass half full or half empty, and of course the answer is that it's all relative.
0:44.3	If you want to feel thin, you hang out with the obese.
0:46.4	If you want to feel buff, you hang out with Seth, and if you want to feel sober, you hang
0:50.4	out well with you.
0:51.4	Chris, absolutely.
0:52.4	It is all relative, and whether or not you think the glass is half full or half empty depends
0:56.4	on how much you have had to drink, and we have been quite clean and sober here around
1:00.0	this table.
1:01.0	None of this is a surprise.
1:02.5	Not to this crowd here yourself.
	...

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