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Initial Jobless Claims: 386K vs. 385K consensus (prior week revised to 392K from 387K)....
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Thursday, June 28, 2012, 8:31 AM ETInitial Jobless Claims: 386K vs. 385K consensus (prior week revised to 392K from 387K). Continuing claims -15K at 3.31M.
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has dropped 766,472,608 and 639 over the last 4 weeks....
Jobless claims new lows coming, the US getting too strong.
http://bit.ly/KOHlBK
Yes my gold and silver mine investments are doing well thanks. Equities require QE and Twists to keep afloat. Bailouts, forced low interest rates...yep definite sign of a healthy economy....just keep telling yourself that.
Last year the claims started to rise, just like this year and started to top in June just like this year....
Look at what happened after July in the chart YOU provided...claims collapsed. Same thing is gonna happen this year, by Dec the claims would be below 320,000 and you would be here making excuses and talking about your obsession with arms and gold.
Perhaps you could articulate what makes you think the economy is improving?
Look at the poor territories Puerto Rico, Virgin Islands.....their numbers are also improving. Bodes well for all the Nation.
You talk about moving averages alot... But just look at the trend...its moving higher. In fact unemployment claims are the highest since Jan 2012.... There also millions of people that are going to drop off the backend of unemployment, so they wont be counted... At the same time, the unemployment rate is actually going higher because of all these new claims. LOL Will have a 5% unemployment rate, but negative GDP growth by end of year! LOL..
Its obvious the way the #'s are calculated are total B.S.
More BMW, Audis, MB than ever!!! Where is the recession?
Restaurants packed, like never before, Disney Park in Florida...oh boy....
Americans are rejoicing again as the foundations of our economy boom again. The only people with depression are the losers doomers....
Because retail sales are hitting new all time highs? Because retail stocks are I the strongest bull market in history?
10 months,4 months and 8 months respectively....
just think about what would happen to the economy if the govt didnt pay out unemployment insurance..your talking a trillion dollars less spending in this economy....
There is no recession...its the beginnings of a very very long depression in the making after the US debt bubble bursts.
US will be fine. It's a simple business cycle. We had our recession and now time to expand. Europe on the other hand is a different story.