Detailed text transcripts for TV channel - MSNBC - 20111125:12:03:00
Confidence, those numbers are not great right now. what are the trends you guys look at to see where we're going? >> i think we look at the confidence numbers and those don't reflect positively, but oddly enough, i'll say it over and over again, the earnings numbers, ceos, their companies are not falling off a cliff the way you'd expect them to. the question then becomes what are they doing with the earnings? and unfortunately they're not turning around and hiring more people or investing in new, you know, plants and equipment. what they're doing is either hoarding the cash or buying back thei...