Wednesday , September 30 2020
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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:

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WARREN MOSLER considers the following as important:

This could be interesting, too:

WARREN MOSLER writes Durable goods orders, air travel, hotel occupancy, gasoline supplied, miles driven, freight index

WARREN MOSLER writes Unemployment claims, Architecture index, New home sales

WARREN MOSLER writes Consumer sentiment, Existing home sales, Services

WARREN MOSLER writes Consumer sentiment, current account

Still over 1million new claims last week. This is seriously bad:

Jobless claims, corporate profits, Fed, COVID testing

They had already leveled off well before the collapse:

Jobless claims, corporate profits, Fed, COVID testing
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:

Jobless claims, corporate profits, Fed, COVID testing
Testing is down as are new cases, just like the President said:

Jobless claims, corporate profits, Fed, COVID testing

Jobless claims, corporate profits, Fed, COVID testing

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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