Seeking Alpha

Faulty reporting causes plunge in jobless claims

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Comments (5)
  • CaladesiKid2
    , contributor
    Comments (275) | Send Message
     
    Here we have a shining example of government ineptitude. One government bureaucracy finger pointing to another government bureaucracy with apparently no accountability. If a public held company were so lax in reporting their numbers they would be severely punished in their stock price as well as in the media. Yet, we apparently are not even disturbed at such absence of timeliness or accountability in our government. Just another indicator of how we have come to accept government ineptitude.
    12 Sep 2013, 10:15 AM Reply Like
  • bbro
    , contributor
    Comments (10434) | Send Message
     
    They do a pretty decent job of collecting the data...remember this is not a sample but real time data....your anti government bias is depriving you of some very valuable data for investment analysis...
    12 Sep 2013, 11:18 AM Reply Like
  • optionsexpert
    , contributor
    Comments (297) | Send Message
     
    Exactly. Life is not perfect and mistakes happen. Get over it.
    12 Sep 2013, 11:42 AM Reply Like
  • bbro
    , contributor
    Comments (10434) | Send Message
     
    Ignoring the data issues with initial jobless claims this week,,,my leading indicator based on the continuing claims number says....no
    recession on the horizon....
    12 Sep 2013, 10:55 AM Reply Like
  • Flod
    , contributor
    Comments (112) | Send Message
     
    The yield on 10y Treasurers are still on the low side again which let TBT fixed on his top round 80. As thw 5-day MA is still wide above the 50-day MA I expect TBT will hold this value some time.
    12 Sep 2013, 11:30 AM Reply Like
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