Jobless Claims Rise As Previous Data Revised Up Yet Again

Tyler Durden's picture

The now-ubiquitous prior revision higher in jobless claims made the rise in jobless claims of 4,000 seem a lot less than otherwise as claims didn't even budge the market's needle. Coming in at 367k, slightly better than expected but within the 352k to 392k range that it has been in all year, the most interesting thing we can say about today's print is "it's off the lows". After last week's significant beat, no follow through is seen as we contonue to muddle through.


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GetZeeGold's picture



As always....wait for the revisions.


jjsilver's picture

Even the revisions are a fairy tale

JPM Hater001's picture

One evening a long long time ago in a land far far away unelmployment began to rise.

petolo's picture

Two revisions , one pepsi .

Tombstone's picture

Did you mean the revisions of the revisions of the revisions?

LawsofPhysics's picture

"Beating expectations",  all the way down...

swissaustrian's picture

Not bad enough for a real jump in stocks

thatguy007's picture

No jobs... BITCHEEZ

overmedicatedundersexed's picture

things are picking up, my street now has 3 new empty homes,,,oh wait.

tbone654's picture



GetZeeGold's picture



Well....if nothing else, it would be historic.


max2205's picture

Bring back soup lines and get rid of the phones and debit cards. Solved

fonzannoon's picture

I literally watched gold spend all morning climbing up 16 bucks and then in one second it got chopped in half...and silver dropped 40 cents in the same second. Funny shit.

GetZeeGold's picture



That's fairly normal actually. There's an air sickness bag in the seat in front of you if you need one.



JustObserving's picture

That's fairly normal actually.

Criminality is the new normal in these United States. 

JustObserving's picture

Criminal markets is what you get when regulators have been captured.  Who trusts US markets anymore?

The CFTC has been investigating silver manipulation for four years while it happens every day.  There are none so blind who are paid not to see.

mayhem_korner's picture

The CFTC has been investigating silver manipulation for four years while it happens every day.


"investigating"...?  I'd like to take a poll of other choices that might work better:

a)  "ignoring"

b)  "promoting"

c)  "endorsing"

d) "getting paybacks from"

GetZeeGold's picture



Stop picking on Mongo....he's sensitive.


fuu's picture


Why are the answers to these polls always D?

mayhem_korner's picture



Where's your pistol????

That didn't come out quite right...

fuu's picture

Traded it for some S.C.U.B.A. gear. Lots of boating accidents out there to salvage.

Quinvarius's picture

If it happened overnight, the bankers try to erase it.  Rinse and repeat until their postion is too big and they have to get out of their shorts. 

youngman's picture

It is sad how this is the new normal.....and it seems to be okay with everyone.....for sure the 47%...because they have 500 other government programs to give them lunch and breakfast...milk subsidies..whatever..there are hundreds of govt freebies...

caimen garou's picture

houdini would have been proud to see how the government is into illusions!

ptoemmes's picture

A blind monkey can see it's noisy bouncing along the bottom.  A hyped blind monkey algo will sling HFT feces at each blip.

wonderatitall's picture

let me eat this waffle and get to golfing.....damn white devil and his "debate"

hapless's picture

Two people telling me what to think is just too much.  I'm sticking to Andrew Sullivan.

Rainman's picture

'Muddling through' bailout to the next

schatzi's picture

meh, would be interesting to see these numbers compared with disability claims and participation rates. This is like looking at just one corner of a painting.

gjp's picture

Anoyone think we'll see slaughterer today after his repeated calls for after hours 'horror' yesterday?  My guess is he might be too hungover to make it to a keyboard ...

fonzannoon's picture

Yeah I have no idea what he was talking about.

LoneStarHog's picture

Has anyone else noticed that Karl Denninger actually analyzes all the CRAP goobermint reports like they REALLY mean something? That idiot is an enmiga within an enmiga within an anus.

hapless's picture

Butt Chucking, Bitchez.  Hey, I wonder if it's reusable...

hapless's picture

Oops, you said enigma.

GetZeeGold's picture



I'm guessing Karl is going to say worse. When he runs out of gas...he goes striaght to the potty.


lightning's picture

Nah, He is simply one of those people who sees the mess we are in and yet still think that some "leader" will materialize at the last minute to save our collective butts.  I don't think he truly accepts that instead of saving us the two clowns will simply step on the accelerator to speed our progress into the economic wall.

ebworthen's picture

Unemployment up, along with equity futures, wee!

Hey, what's that?  Gold and Silver up too?


Curt W's picture

The Prez told government contractors not to warn of layoffs due to the cliff,

he needs everybody to play nice until the election.

After the election expect to see a big jump in claims revisions

Damn I can never get that line through to work, line through claims

The worst trader's picture

BULLISH! we don't need jobs, O will give us phones and Chevy's

Zap Powerz's picture

Work is for people too dumb to just sit around playing XBox and collect a government hand out.

This graph just shows that Americans are bright people and they are just going where the real money is (welfare).

I mean, why work and make 40k/year when you can not work and make 60k/yr?  Its a no brainer.


Grand Supercycle's picture


Stocks are being dragged up by yet more USD selling.

Price action today looks like the previously mentioned SPX Election Rally, but without the pullback I wanted beforehand.

Therefore the postponed correction when it happens, will be WORSE.