Motley Fool Money: 08.05.2011
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 5 August 2011
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:16.0 | From Fool Global Headquarters, this is Motley Fool Money. |
| 0:19.7 | Welcome to the show. Thanks for being here. I'm Matt Greer sitting in for Chris Hill this |
| 0:23.5 | week. Chris is getting some much deserved R&R. Joining me in studio from Million Dollar |
| 0:28.2 | Report Folio, Ron Gross from Motley Fool's Global Games, Tim Hanson, and from Hidden |
| 0:32.8 | Gems, Charlie Travers. Guys, welcome. You know Matt, I just want to say, I'm not sure Chris's |
| 0:38.4 | R&R is all that deserved since you can do his job. I'm not sure it's that hard to |
| 0:42.6 | job. Well, I think I think that that is going to be determined. I'm not sure. I can't |
| 0:46.8 | jury it out. Yes, the jury how this goes. Yes, the jury is. Sorry to throw you off to the |
| 0:50.7 | jury. Go back to your regular schedule program. It's all right. It's all right. And you |
| 0:54.9 | can hear Ron, Tim, and Charlie I should add on our daily podcast as well, Market Foolery. |
| 0:59.1 | So check that out. But guys, of course, the big story this week is the stock market volatility. |
| 1:04.7 | I feel a little sick to my stomach just having watched it play out on Thursday and Friday. |
| 1:08.7 | So we want to get to that. We're also going to talk beer. We're going to talk doughnuts |
| 1:12.3 | and pond stars. Is anyone watched in pond stars? Is that a show? No, no. It is a star |
| 1:17.2 | study show. Thanks. So let's kick off with the whole stock market deal. On Thursday, |
| 1:21.6 | of course, just an awful day for the market. Then we've got this jobs report that comes |
| 1:25.5 | out on Friday. And I'm thinking, Hey, Ron, it's a pretty good jobs report. The numbers |
| 1:29.7 | sound good to me. And yet the stock market starts sliding again. What is going on? |
| 1:34.5 | Yes. So initially, everyone breathed the sigh of relief, including me because the numbers |
| 1:39.1 | looked better than expected. In fact, they were better than expected. And the unemployment |
| 1:43.0 | rate ticked down. So everyone got a little excited. But then when you kind of look at it, |
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