Chris Hill

speaker
924 appearances 10 recordings 1 series first heard Apr 2009 last heard Sep 2014

Chris Hill’s voice in public audio — every appearance, attributed to the second.

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But we begin with Friday's better-than-expected jobs numbers.
The unemployment rate for July fell to 9.4%, down from June's 9.5%.
The markets opened up sharply on the news, with the S&P hitting a 10-month high.
Shannon, we got talk that the recession is easy.
We've even got some talk out there that the recession may already be over.
What's the takeaway for investors?
Well, so, I mean, in terms of the numbers, yeah, it definitely was not all good news.
I mean, we had worse than expected retail numbers.
Same store sales in July fell 5.1%.
I mean-
James, we got some people out there saying the Cash for Clunkers program is one of the culprits in all this.
Are you one of those?
Good news, America.
AIG, the giant insurer that is 80% owned by U.S.
taxpayers, posted its first profit in nearly two years on Friday, sending shares as much as 23% higher.
AIG still has to repay more than $80 billion in taxpayer loans.
James, help me with the math here.
This seems like a good thing for investors and taxpayers.
Is it?
Good point.
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