Fountainheadinvesting

Categories
Market Outlook

The July Payroll Report 

Big miss to the downside. 

US July Nonfarm Payrolls Rise 114k M/M; Est. +175k 

US July Average Hourly Earnings Rise 0.2% M/M; Est. +0.3% 

US July Unemployment Rate 4.3%; Est. 4.1% 

Futures down 1.5% 

10 years’ down to 3.79%