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  • Leading Indicators: They're Usually Late [View article]
    You have to be kidding!

    I looked at the referenced chart and see that the two preceding recessions had weekly initial jobless claims (wijc) peak right a the end of the recessions.

    Questions:

    1. Since when do two samples make a reliable data set?

    2. Why didn't this recession end when there was a short-term downturn in wijc four times previously in the past year?

    3. Do any of your claims of impending recovery depend on more than one or two data points?

    What you are reporting is short-term news. You have not provided any real discussion that weighs the news. You have simply made a projection that is, at best, a guess. If you select ten red apples out of a basket containing apples of other colors and proclaim all apples are red, you are not helping any of us get a handle on what is going on.

    I guess you may just be living up to your monicker: You may feel that you have no charter to consider any bad news.
    Jan 11 14:26 pm |Rating: +1 -1
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