Markets are closed for Good Friday. Happy Easter; have a kosher
and joyous Passover.
UNEMPLOYMENT REPORT (YahooFinance)
“The U.S. economy brought back
more jobs than expected in March, presaging even faster
employment growth in the coming months as more Americans become vaccinated and
jobs across industries return... Change in non-farm payrolls: +916,000
vs. +660,000 expected and a revised +468,000 in February.” Story at...
MANUFACTURING SUGGESTS INFLATION IS BUILDING RAPIDLY
(CNBC)
“For many economists, the [ISM Manufacturing] survey
simply reinforced a message that other data points have shown lately, namely
that inflationary pressures continue to build and perhaps not on simply a
transitory basis as Federal Reserve officials have indicated.
The last time the ISM manufacturing reading was that high
was just before a year when gross domestic product grew at a 7.2% pace and
inflation was at 3.8%.” Story at...
BULLS RUN AS LIQUIDITY FLOODS MARKET (RIA)
“With markets still in the “seasonally
strong” period of the year, lots of liquidity, and plenty of exuberance,
this is not a time to be “bearish” on markets. We are using recent
weaknesses to add to positions we took profits in recently, such as energy and
financials. We will also add to beaten-up “growth” names that have
strong earnings trajectories and strong fundamentals...
Focusing on risk...is also essential to capital
preservation and investment success over time. In other words, “buy
now,” just don’t forget to “sell” later.” Commentary at...
https://realinvestmentadvice.com/technically-speaking-bulls-run-as-liquidity-floods-market/
