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Unemployment Claims Rising … Again

New U.S. Jobless Claims Climb 20,000 To 362,000       ” Yet economists caution that claims could get whipsawed again, as they often do, if Washington proceeds with a so-called sequester that requires...

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More Discouraging Economic News From Zero Hedge

  US Macro Data Plunges Most In 10 Months         ” The last two weeks have not been pretty for the ‘it’s different this time’ crowd. Day after day has brough miss after miss in macro-economic data for...

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Bookkeeping Sleight Of Hand Keeping Jobless Claims Falling ?

Computer Upgrades Cut US Jobless Claims To 292K   ” The number of Americans seeking unemployment benefits plummeted last week 31,000 to a seasonally adjusted 292,000. But the drop was mostly because...

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