US companies added 210,000 workers in July, the Labor Department reports. The gain matches Econoday.com’s consensus forecast. Although last month’s increase in private-sector payrolls was modestly below June’s 227,000 gain, today’s update continues to reflect a solid 2%-plus trend advance in year-over-year terms. The annual pace is still decelerating, but fractionally so. The bottom line: the labor…
The BLS jobs report headlines from the establishment survey was at expectations. The unadjusted data shows growth is lower than last year with continued almost insignificant deceleration of year-over-year rate of growth. Overall, this report paints a mixed picture. The rate of growth for employment continued to decelerate this month (red line on graph below)….
The Hershey Company (HSY – Analyst Report) is the largest chocolate manufacturer in North America marketing some of the world’s leading brands like Hershey’s, Reese’s and Kisses which enjoy widespread consumer acceptance. Hershey’s sales trends have been weak since 2014 due to lower retail store traffic, intense competition from the broader snacking category and soft international growth, mainly…
NFTRH has been noting fading market participation for many weeks now as Bullish % continues to drop behind elevated prices in key US indexes. We have also been noting an ongoing bearish divergence by the the Equity Put/Call ratio for months now. Along with this new trend in the CPCE, came a flattening out of the…
If you looked out your window and saw a hurricane coming, would you cancel your house insurance? Of course not; that would be foolish. We are content to pay for house insurance for most of our lives, yet very few of us have actually experienced a fire or a major disaster where we had to…
The US employment data was largely in line with market expectations, which were for continued improvement in the labor market. There still is one employment report before the FOMC meeting in September, but the risks of a lift-off then appears to have increased. The 215k rise in nonfarm payrolls is in line with the six…
In a somewhat antticlimatic report, moments ago the BLS reported that July nonfarm payrolls came in at 215K, modestly below the expected 225K and down from the upward revised June print of 231K, and down from the 260K in May, with the unemployment rate flat at 5.3%, in line with expectations. Overall, a number that…
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The next generation of airplane technology is upon us. With the aviation industry being one of the biggest sources of greenhouse gas emissions, it’s striving to reduce its carbon footprint. And new technology is driving change. In this case, we’re talking about all-electric planes. There are several inventors and companies in various countries working on the concept….
