The hiring spree has officially started in the US and Wall Street knows that it will take several months of monstrous job gains to trigger the taper tantrum. The equity market party is in the early stages as the US will likely add between 500,000 and a million jobs over the next few months. The March employment report showed 916,000 jobs were created, higher than 660,000 consensus estimate and 800,000 whisper number, but below the highest forecasts of 1 million. The Unemployment rate improved to 6.0%. Leisure and hospitality, public and private education, and construction jobs are starting to return, and this is ... (full story)