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The weekly report on jobless claims have a remarkable track record for pegging economic turning...

The weekly report on jobless claims have a remarkable track record for pegging economic turning points, and can sometimes signal where stocks are headed. Do the jobless claims data foretell a double-dip recession? For now, the message is "not so fast," after the latest number comes in a bit better than expected.
Comments (1)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    Wait for the revision before planning the parade. It's been revised upward almost every single time...that's why we still have the consecutive over 400K streak going.
    11 Aug 2011, 09:33 AM Reply Like
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