Jobless claims, corporate profits, Fed, COVID testing

Summary:
Still over 1million new claims last week. This is seriously bad: They had already leveled off well before the collapse: As the carpenter said about his piece of wood:‘No matter how much I cut off it’s still too short.’They still have the interest rate thing backwards: Testing is down as are new cases, just like the President said:

Topics:
WARREN MOSLER considers the following as important: Economic Releases

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