Motley Fool Money: 09.03.2010
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 3 September 2010
⏱️ 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 Fool Money. |
| 0:19.0 | Welcome to the show. Thanks for being here. |
| 0:21.0 | I'm your host Chris Hellen. I'm joined by Motley Fool, |
| 0:23.0 | Senior Analyst Seth Jason, James Early, and Tim Hansen. |
| 0:26.0 | Guys, good to see you. Hello. Hi Chris. |
| 0:28.0 | It's the Labor Day weekend, summer, officially over, |
| 0:31.0 | so we got a lot to get to this week, including the latest from Apple, |
| 0:34.0 | Dell, HP, and Burger King, but we begin with the big macro. |
| 0:38.0 | On Friday, the latest jobs numbers came out. |
| 0:41.0 | Private employers added 67,000 jobs, which was higher than expected, |
| 0:45.0 | but the unemployment rate ticked up to 9.6%. |
| 0:49.0 | And earlier in the week, the August retail numbers were released, |
| 0:53.0 | and we're surprisingly solid, Seth Jason. |
| 0:56.0 | I mean, I don't want to jinx us, but are we actually seeing some good news here? |
| 0:59.0 | You know me, I'm a hater in this. |
| 1:01.0 | There's some decent news, or at least news that's not as bad as I thought it would be, |
| 1:05.0 | and I read a lot of doom and gloom economic commentary, |
| 1:08.0 | and it was better than those folks have been predicting as well. |
| 1:13.0 | So the jobs number 67,000, you know, that's not a lot of jobs added, |
| 1:18.0 | and it's a net loss after all of those census workers disappear from the payrolls. |
| 1:24.0 | But you know, it's better than creeping back in the other direction, |
... |
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