Tag Archive for Murdoch

Initial Jobless Claims- Just a Disturbance In the Force or Change of Trend?

Weekly initial jobless claims actually were down by approximately 16,000. That’s the actual not seasonally fudged number taking into account the fact that these are actual counts that are always revised up when complete data is in. I ignore the seasonally adjusted fictitious number, and have included an adjustment of +7,000 to the number reported in…

Nonfarm payrolls should fall by 377,000 (But they won’t)

Let’s play “guess the nonfarm payrolls.” After all, our guess is as good as the conomists’, whose forecasts nicely fit a random distribution of hits and misses month in and month out. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through…