A proliferation of lower-paying jobs with less financial security could have structural ripple effects on the U.S. employment market, says Morningstar Investment Management's Francisco Torralba.
Lower unemployment claims, a convergence with ADP data trends, and milder seasonal adjustment factors could modestly boost July's BLS job data above consensus, say Morningstar's Bob Johnson and Vishnu Lekraj.
New hit products could provide some upside for Apple but aren't needed to support the current valuation, says Morningstar's Brian Colello.
Year-over-year employment growth remained steady even after September's lackluster gains, but fundamentals don't hold much upside in the near term, says Morningstar's Bob Johnson.
Anticipating that the Fed will prolong its stimulus efforts, markets jumped this week on anemic economic news and so-so earnings.
©2012 Morningstar Advisor. All right reserved.