Motley Fool Money: 11.06.2009
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 6 November 2009
⏱️ 19 minutes
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| 0:00.0 | Welcome to Motley Fool Money. I'm Chris Hill and I'm joined in studio by Motley Fool |
| 0:08.9 | Senior Analyst Seth Jason and James Early. Guys, good to see you. Happy Friday, Chris. |
| 0:14.9 | And joining us from New York City, where he's up for a conference, our man, Shannon Zimmer |
| 0:19.2 | and Shannon. How are you? I'm doing fine, Chris, coming to you live from the pod hotel |
| 0:23.4 | where the rooms are one-third the size of normal hotel rooms and three times as expensive. |
| 0:28.1 | Are you just towering over everyone at the pod hotel? I feel like Gulliver, yes indeed. |
| 0:32.4 | I want all of our listeners to know that time is tough and actually Shannon, I'm not sure |
| 0:36.5 | you've been away a couple of days, but it's a contract me negotiations here. Actually, |
| 0:40.4 | when you get back, you're going to be paid with knotted twine and abalone shells. So enjoy |
| 0:44.6 | that pod hotel while you're there. Well, the engine, that's the current heat the pod hotel, |
| 0:48.2 | so it'll work out perfectly. We've actually pulled up the pod hotel outside. Oh my god, it is |
| 0:52.6 | women in tight shirts having pillow fights. None of whom are in my room, honey. |
| 0:58.3 | Sure, sure. Okay. Fastest savings on to you here at the Miley Coal. |
| 1:03.3 | On this week's show, Warren Buffett makes a big bet and Wall Street's latest scandal, |
| 1:08.7 | and as always, three stocks on our radar, but we begin with the big macro. On Friday, |
| 1:13.8 | the government shared the news that the unemployment rate has hit 10.2%, the first time it has gone |
| 1:19.4 | over 10% since 1983. It gets even uglier when you consider if you included people who have |
| 1:26.2 | settled for part-time jobs or stopped looking for work, the unemployment rate would be 17.5%. |
| 1:33.3 | Guys, anyone up for a jobless recovery? Sounds like Spain or somewhere where this really happens. |
| 1:38.2 | Yeah, it's always a jobless recovery. However, we've talked about that. They say it's an upturn, |
| 1:42.7 | right? They're saying it's an upturn, but unemployment always lags. Yeah, at least it's a recovery. |
| 1:47.4 | Yeah, and this isn't really surprising to anyone who's been paying attention to our |
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