Heterodox
Nobody is (still) getting laid off [Note: This Nov. 10th consumer inflation report was very important, and not in a good way. So I plan on doing a more extensive post on it tomorrow, and I’ll probably put off the next “Coronavirus Dashboard” by Friday.] Initial claims declined another 4,000 this week to 267,000, and the 4-week average declined 7,250 to 278,000, both new pandemic lows: For the past 50 years, initial claims have only been at...
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