FYI: We’ve said it countless times over the last several years, and today we’re forced to say it again regarding jobless claims. Wow! This week’s report on first time claims not only came in lower than expected, but it also dropped below 200K to 199K. Not since November 1969 has a weekly jobless claims print come in with a ‘one’ handle. This week’s report represents a record 203 straight weeks that jobless claims have been at or below 300K, 68 straight weeks of at or below 250K readings, and finally one week below 200K!
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-mic-drop/
