FYI: Jobless claims surprised to the downside this morning, falling from 263K down to 235K in what was the largest weekly decline since January 2015. This morning’s print was also 25K below consensus expectations of 260K and marked the 96th straight week that claims were below 300K. That’s the longest streak in decades (or since 1970 to be exact).
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-back-down-near-cycle-lows/
