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Jobless Claims Over 300k For 3rd Week, Spike In Shale States
Not "unambiguously good" as Shale states see initial jobless claims spiking. Overall initial jobless claims missed expectations for the 4th week in a row, holding above 300k for the 3d week in a row (for the first time since July). At 307k, this week's print is below last week's but well above the 300k expectation. However, across TX, CO, ND, PA, and WV, initial claims (1 week lagged) rose to over 75k (from 30k in October)... "crisis has passed"?
Houston (and CO, ND, PA, WV) we have a problem...
and overall the picture of a crisis that has passed looks to be fading...
Charts: Blomberg
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But his Lord and highness Pres. Obama said things have never looked better in Utopia.
I hope they choke on that phrase ... the crisis is over.
The first political party who tells the truth will win in 2016.
5% GDP? Hahahahaha
Oh but that crisis is over, we have a new one brewing now. " bring out your bonds bring out your bonds"
Not all jobs are created equall. Replacing high paying jobs with Mcjobs is not a recipe for success.
Oh, well you must be a registered Republican, because we Progressives out here in the Great People's Feasting Upon Other Somebody Else's Money believe that everything is equal.
Thank you for your comment. Everybody will get a Certificate of Participation as the edifice collapses on their way home.
Don't hold your breath waiting for our political party (there is only one) to tell the truth. They are evil, but not stupid.
After the reset. I think 8% - 12% GDP is a reality.
Never under the CURRENT CRUSHING DEBT LOAD
To let 5% even escape from your lips you are really saying: "you people are idiot fucks, trust me, it will be 5% and it will all be great!"
A couple of hits of medical marijuana and you will think the same thing!
Do you live in Utopia?
Well there you go. Problem solved.
(For the record, I've not met one of these Utopians he speaks of, yet. They seem very elusive.)
"cheap oil is good for the economy"
mr yellen better get to work: print more money so the banks can ramp up oil futures.
The king of fantasy land dismisses this data as irrelavent...ALL IS WEll!!!...the king has decreed it so...besides...his court jester says this is transitory....no problem
According asswipe mathematics 24 rolls is now equal to 12 rolls. so 300K is the new 150 K.
Who gives a fuck? Quirkel's right, what good are numbers when you have message? All good. I heard chocolate rations were being increased again.
Yes it's true comrade. Your rations of victory chocolate has been increased to 10 grams per week! Well done comrades!
Let the workers go to community colleges and the strippers return to LA.
Transfers of benefits to individuals through social welfare programs have increased from less than one federal dollar in four (24%) in 1963 to almost three out of five (59%) in 2013.
In that half-century, entitlement payments were, Eberstadt says, America's "fastest growing source of personal income," growing twice as fast as all other real per capita personal income. It is likely that this year, a majority of Americans will seek and receive payments.
Mushrooming Welfare State Alters America's Characterhttp://news.investors.com/ibd-editorials-on-the-right/012115-735564-welf...
"Mushrooming "Welfare" State Alters America's Character "
WELFARE is: $1.2 TRILION spent on MIC welfare - covert and military action
WELFARE is: $3 TRILLION spent on BANK welfare by Fed
Folks QE 4 is coming. This time the Federal Reserve goes Krugman.
QE 4 will be $170 billion/month.
Deficit goes to $20 trillion.
or they let the ship sink. at some point it has too, right?
They will make us reach parity with the Yuan before it ends.
Get ready for weeks of this number climbing. Until / Unless the media supresses it.
Bubbles!!!
The market has to be pumped up to get the calls into the money by Friday.
So bullish it hurts!
eBay and AMEX announced layoffs so I'm sure the number will go down soon as those people quit the workforce.
Someone tell Springsteen there's another failed American industry he can write about.
Tried to punch a Russian but hit North Dakota instead.
I don't think Tyler knows what "unambiguously" means. It doesn't mean good in every respect, with no downside.
An other kick in the Nuts! http://youtu.be/y-zpvAS4yMg?t=7m30s.
Extending Low Oil Prices Kick the U.S. 'growth' Economy right in the Nuts http://forum.prisonplanet.com/index.php?topic=264446.0