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