FYI: Jobless claims came in lower than expected this week, marking the fourth straight week of better than expected readings. The last time we saw a streak this long was last October when claims came in lower than expected for nine straight weeks. While economists were expecting claims to come in at a level of 238K, the actual reading came in at 234K, marking the fourth straight week where claims were below 240K. You know when that happened last? 1973!
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-channeling-1973/
