Narrative Breaks – Continuing Jobless Claims Soar Most Since 2009 Following Trump’s Election

Thursday, December 29, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Dec 29, 2016

This does not fit with the narrative. Continuing Jobless Claims are up over 6% in the weeks following Donald Trump’s election…

Finally, while Jeffrey Gundlach’s “granddaddy of recession indicators” is based on the unemployment rate, we not that initial jobless claims are rapidly approaching their 2-year average – which in the past has probabilstically been followed by a recession…

The Rest…HERE

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