No MA cross included here, just an update on current Initial claims direction. We're still ticking upward more, haven't yet received confirmation, but starting to look like we'll get some momentum in the unemployment rate. Once that gets going, it's game over for the economy. We're getting more and more updates of corporate layoffs recently, but wait on data to confirm.
FWIW, initial claims is a great series to watch, and is better than the straight unemployment rate because it's...
FWIW, initial claims is a great series to watch, and is better than the straight unemployment rate because it's...
- Higher frequency
- Not affected by the volume of people out of the workforce
- Not affected by average hourly work week differences from month to month
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.