Strong U.S. Jobs Data Are a Reason to Buy Stocks - European Stocks

As U.S. nonfarm payrolls exceeded expectations -- April's number came in at 211,000 vs. forecasts of around 185,000 in a FactSet poll -- the case for more interest rate hikes by the Fed seems clear. This is leading the euro slightly lower, but investors could use the single European currency's weakness to their advantage. A weaker euro means more firepower for those set to expand into Europe.

The strong jobs report is a timely reminder that investors ought to start diversifying from the U.S. market. Corporate insiders are selling U.S. shares, just as more and more pundits warn that the rally is getting very long in the tooth. Brad Lamensdorf's Market Timing Report showed that corporate insider selling has reached a seven-year high....418 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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