Markets have cheered the latest jobs report as payrolls came in better than expected at 165,000 in April and unemployment rate fell to 7.5 percent. The stock market rallied while the bond market witnessed a sellout Friday. Bond markets were pricing in a slowdown due to the federal spending cuts in the US and investors were mostly long bonds due …
ETF/No Load Fund Tracker Newsletter For Friday, April 5, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04042013/ ———————————————————— Market Commentary Friday, April 5, 2013 SUBPAR JOBS REPORT PUNISHES US INDEXES; EUROPEAN STOCKS TRACK LOWER US index ETFs slumped Friday, capping the biggest weekly decline for the S&P 500 Index, after a government report showed less than half of estimated Americans found …
One Man’s Opinion: Will Tax Hikes Push The US Economy Back Into Recession?
Friday’s better-than-anticipated jobs number makes it a little bit easier for President Obama to hike taxes on the wealthy, says Barry Knapp, Head of Equity Strategy at Barclays Capital. However, on close examination, you’ll see earnings-growth has been very tepid and total hours worked has remained flat. In other words, every one-tenth of that total hours worked is worth …