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Real Time Insight


Hello Bull market!

June Federal estimates for payrolls are in hand.  The U.S. added +288K jobs last month.  The U.S. unemployment rate hit 6.1%, a six-year low.  Nearly all industries added jobs in June.  The 10-year U.S. Treasury rate jumped on the news.  Stock markets saw it coming on Wednesday.

May jobs moved up to +224K from an earlier estimate of +217K.  April jobs moved up to a whopping +304K jobs from +282K.  Yes gang, that’s a 3-handle number.

Wages are up +2% over the past 12 months.  The CPI moves in lock step with that number.  The Fed has a 2% inflation target.  So the underlying labor market is in that ‘Goldilocks’ state with respect to wage pressure.
 
The U.S. economy is now on a five month long roll racking up monthly job adds above +200K. In 2014, this U.S. economy has produced an average of +231K jobs a month. That’s 19% faster than 2013.
 
My RTI question:  Is the “Muddle Through” Economy Behind Us?

 

Just Released: 5 Stocks to Double

Today, you are invited to download a free Special Report from Zacks Investment Research. It reveals five moves that could gain +100% and more in the next 12 months:

One is a "boring" business delivering blistering growth. Another is a red-hot oil and gas producer set to surge on a drilling breakthrough. Still another, an online payment provider, ignited a 53% sales explosion during the past year.

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Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
UTD THERAPE… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%