Heterodox
[unable to retrieve full-text content] – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. More the recent ‘same’ this week: short term and coincident indicators are a little noisy, but continue to say the economic OK. Meanwhile the longer leading indicators are mixed and weighing on future growth. As usual, clicking over and reading will bring […] The post New Deal democrats Weekly Indicators for November 11 – 15...
Read More »Initial jobless claims: welcome back to hurricane season
– by New Deal democrat Step away from the ledge, everybody; and pay no attention to the DOOOMers, who are surely out in force this morning: the big increase in initial claims was almost all about Hurricane Helene. By the numbers, initial claims increased 33,000 to 258,000, the highest number since August 2023. The four week moving average increased 6,250 to 231,000, the highest in a month. Continuing claims, with the usual one week delay,...
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