Troubling Increase in Initial Unemployment Claims A Bad Omen For Stock Prices

Initial Claims and Stock Prices - Click to enlarge

For the first time in 2014, initial unemployment claims were higher than the same week a year ago. The difference was slight, but just the fact that they were not lower than last year is troubling because it suggests that the improving trend may be losing steam. The seasonally adjusted headline number for initial unemployment…

Retail Sales Not As Bad As They Said, On the Other Hand, They Were Worse

Retail Sales Look Good - Click to enlarge

On the surface, the January retail sales report released on February 13 doesn’t look so bad, in spite of the hysterical headlines about the big “miss” because of January’s bad weather. Street economists had a consensus guess that the seasonally adjusted headline number would be unchanged from December. Instead the number dropped by -0.4%. The…


In this regular Radio Free Wall Street podcast for subscribers, Russ Winter and Lee Adler discuss the surprising strength of stocks in February, what’s behind it, and what’s likely to lie ahead. It’s a scary picture. Subscribers may click here…

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