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Need a JOLT?

What's the JOLT report?

It's the Job Openings and Labor Turnover repot, published by the BLS on a one month lag. It came out today, July 11, 2017. 

What happened? 

Job Openings were down but...

Quit rates were up. Now quit rates are important because people don't leave jobs voluntarily....only if they feel they can get another or better job. 

So, it's a measure of confidence and a welcome one in an otherwise very slow week. 

Please note that this discussion of our investments and investment strategy (including our research and investment process) represents our investments and investment strategy at the date of this commentary, and is subject to change without notice.  We cannot assure that the type of investments discussed in this commentary will outperform any other investment strategy in the future, nor can we guarantee that such investments will present the best or an attractive risk-adjusted investment in the future. This is for general informational purposes only; references to an individual security should not be construed as a recommendation to buy or sell that security.  The securities mentioned in this commentary are only several of the successful as well as unsuccessful investments by us, and do not represent all of the securities we have purchased, sold or recommended.  Although we deem reliable the sources of the statistical and other information referred to in this commentary, we cannot guarantee the accuracy or completeness of any statements or numerical data.  Past performance is no indication of future results.
All charts from Factset unless otherwise noted. 

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