Friday • June 09
CST 6:46 | EST 7:46 | MST 5:46 | PST 4:46 | GMT 11:46
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Looking Back at 2009
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In this, our first show of the year we take a look back at 2009, and what it will means for investors in 2010. We look at the first half of the year which was one for the record books, examine the lingering unemployment issue and listen back to some of our favorite interviews of the year.
Episode Segments:
Up, Up and Away!
The first part of the year was one for the record books. The markets headed south in a bid way, with the Dow Jones Industrial Average finally landing at 6,600 and the S&P 500 holding at an ominous 666. The markets held, and after those March lows, it was up, up and away with the markets staging the biggest rally since the 1930ís.
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The Underlying Economy
In the Second Segment we take a look at the underlying economy with the economist who got it most right, Noriel Roubini. Professor Roubini had been called a Casandra by the press for his pessimistic outlook on the markets and the economy, but he proved to be mostly right as the year unfolded.
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Jobs, Jobs, Jobs
In this segment a review of the employment picture, and it doesnít look good. In numbers just released this morning the Bureau of Labor Statistics announced that unemployment rose an unexpected 85,000. Wall street had expected a gain in employment of 8,000, so this was really a surprise of 93,000. The most talked about interview of the year was of Steve Winn. As the biggest employer in Las Vegas, Mr. Winn gives us the perspective of a businessman. He looks over the governement stimulus plan, and finds it wanting.
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