The Fed Can't Hike
Initial jobless claims surprised to the upside this morning and it appears to be reversing. Stable prices or full employment? Oh the dilemma...
We got a very interesting initial jobless claims print this morning before the market opened. While it’s nothing too alarming, at 248k, it was nearly 30k more than what some economists were expecting. Here’s what that trend looks like going back roughly the last year.
I took out the COVID spike because with that in there, it would be impossible to read …
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