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Jobless Claims Rise As Previous Data Revised Up Yet Again
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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As always....wait for the revisions.
Even the revisions are a fairy tale
One evening a long long time ago in a land far far away unelmployment began to rise.
QEternity to QEfinity
Two revisions , one pepsi .
Did you mean the revisions of the revisions of the revisions?
"Beating expectations", all the way down...
Not bad enough for a real jump in stocks
Depresing.
No jobs... BITCHEEZ
things are picking up, my street now has 3 new empty homes,,,oh wait.
"4 MORE YEARS"... "4 MORE YEARS"...
sheesh!
Well....if nothing else, it would be historic.
Bring back soup lines and get rid of the phones and debit cards. Solved
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.
That's fairly normal actually. There's an air sickness bag in the seat in front of you if you need one.
That's fairly normal actually.
Criminality is the new normal in these United States.
FREE JON CORZINE
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.
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"
Stop picking on Mongo....he's sensitive.
D!
Why are the answers to these polls always D?
Where's your pistol????
That didn't come out quite right...
Traded it for some S.C.U.B.A. gear. Lots of boating accidents out there to salvage.
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.
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 money...food stamps..disability...school lunch and breakfast...milk subsidies..whatever..there are hundreds of govt freebies...
houdini would have been proud to see how the government is into illusions!
A blind monkey can see it's noisy bouncing along the bottom. A hyped blind monkey algo will sling HFT feces at each blip.
let me eat this waffle and get to golfing.....damn white devil and his "debate"
Two people telling me what to think is just too much. I'm sticking to Andrew Sullivan.
'Muddling through' ....one bailout to the next
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.
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 ...
Yeah I have no idea what he was talking about.
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.
Butt Chucking, Bitchez. Hey, I wonder if it's reusable...
Oops, you said enigma.
I'm guessing Karl is going to say worse. When he runs out of gas...he goes striaght to the potty.
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.
Unemployment up, along with equity futures, wee!
Hey, what's that? Gold and Silver up too?
Hmmm....
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
BULLISH! we don't need jobs, O will give us phones and Chevy's
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.
ELECTION RALLY WARNING.
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.
http://www.zerohedge.com/news/2012-12-24/market-analysis
http://trader618.com