Where the Money Is 12.06.13
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 6 December 2013
⏱️ 26 minutes
🧾️ Download transcript
Summary
One amazing bank you have never heard of. Motley Fool analysts Matt Koppenheffer and David Hanson as they discuss the latest jobs report, ponder the possibility of Dow 20,000, and take a listener’s question about diversification.
Transcript
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| 0:00.0 | The jobs are here and you're in the right place because this is where the money is. |
| 0:07.0 | Welcome to the show, I'm Matt Kopenheffer. Right here next to me is David Hanson, David Robinson Canoe, |
| 0:17.0 | finally sign a contract is getting $240 million. |
| 0:21.0 | If you had that kind of money coming your way. What would be the first thing that you do? |
| 0:25.0 | Oh man, I don't know. Probably wouldn't go play for the Mariners first of all. |
| 0:30.0 | It's a nice city, but the mariners are just not good. |
| 0:33.0 | They will be. |
| 0:34.0 | If you pay $240 million for a baseball player, you're automatically good, right? |
| 0:39.0 | I would hire a good lawyer. |
| 0:40.0 | That's what I would do. |
| 0:42.0 | Hopefully there's going to be tons of people claiming certain things |
| 0:44.4 | to try to get some of that money. |
| 0:45.3 | So first thing, lawyer. |
| 0:46.6 | Claiming certain things. |
| 0:47.6 | I don't think we want to go any further than that. |
| 0:49.8 | Let's go to the headlines. |
| 0:50.8 | First headline of the day. |
| 0:52.1 | This is from Reuters |
| 0:54.2 | November US jobs report not exactly the most creative headline but gets right to the |
| 0:58.2 | point unemployment rate David down from 7.3% to 7% creeping ever closer to the Fed's target. |
| 1:05.5 | 203,000 jobs added during the month of, what month are we even in, |
| 1:11.3 | November, month of November, 2003,000 jobs added. |
... |
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