Initial Jobless Claims Plunge To 44 Year Lows

While continuing claims continue to rise post-election...

 

Initial jobless claims have collapsed back to with 1k of the lowest levels since 1973.

  • *U.S. JOBLESS CLAIMS FALL 12,000 TO 234,000; EST. 249,000

While everything is awesome with this print, one wonders what happens next?

Which is more likely - higher or lower from here?