US companies hired 182,000 workers in March, far above the meager 28,000 increase in February, the Labor Department reports. The news triggered a collective sigh of relief by effectively confirming that February’s weak gain was noise.
Morningstar recently tested the niche world of publicly traded tactical-allocation funds and found mediocre results at best. The Capital Spectator came to a similar conclusion a couple of months back in a mini-study of a handful of tactically minded ETFs. Let’s update the numbers and see if anything’s changed.
China and US report progress in trade talks: Bloomberg
Trump picks former head of pizza company for Fed board: NY Times
Economists expect rebound in today’s employment report for March: Reuters
Trump backs away from threat to close US-Mexico border: LA Times
Philippine president warns Beijing re: actions in S. China Sea: CNN
German industrial output rose in Feb but mfg component fell: Reuters
First quarter job cuts in US rose to highest since Q3:2015: CG&C
US jobless claims fell to 50-year low last week: CNBC