Extreme Initial Claims Danger v.17

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Click to enlarge.

As with most trends, up becomes more likely once down is no longer possible. If that is indeed the case, the question then becomes, "How long we can stagnate at these levels?"


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Speaking of up, that's 64 consecutive revisions to the upside. The precision in the upward revisions is enough to make the keepers of atomic clocks jealous, lol. Sigh.

Update:

My count was off. It's actually 66 straight weeks.

See Also:
Extreme Initial Claims Danger v.16

Source Data:
St. Louis Fed: Initial Claims
DOL: Initial Claims