FYI: Yeah, jobless claims are starting to get that dependable in terms of delivering a strong weekly print. This week’s report was no different as first-time claims came in at 212K versus estimates of 215K. So now it’s time to update the streaks. This week’s report was the record 180th straight week of sub-300K claims, the 45th straight week where claims were at or below 250K (longest streak since 1970), and the 6th straight week that claims were at or below 220K (longest streak since 1969).
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/death-taxes-and-strong-jobless-claims-reports/
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