![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh2ARGQ0Ab1Efj5ab6oa45G35T4e5hadOZ03EL0wblD6InEddSBzhbKDQPfgiIpJjgm2VMTVYKUc-C9PSarkTSl4TQvJgJ-17lXGjtXwsx97lMkT2tosQ5iuXOGzueohzPCuXzAN7KEGWo/s280/Initial+Claims+v.2+-+Mid-Term.jpg)
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![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7U9FgmTvw82VGL4iEkjT-6Lf1CWUgU0VT4erc9nZR1cbmDIY8u3BfucSf-vA2o8Zq6EuYukD4yxAqfw8WC5NGQnfls5sc-gyYa3dtvDISfFrC-LzOuT1IVW4oXYC85OgT7AHmaJ_e4mw/s280/Initial+Claims+v.2+-+Short-Term.jpg)
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Want really extreme? I will be extremely surprised if we ever manage to resume that trend in red again. Sigh.
See Also:
Extreme Initial Claims Danger v.24
Source Data:
St. Louis Fed: Initial Claims
DOL: Initial Claims
The recession that should have started in June is here. It is almost as if the massive FedGov spending spree held it off until after the election. :tinfoil:
ReplyDeleteThe depression that should have started in 2009 is here... well, it never really left, but the Fed does a good job of painting over the dry rot.
ReplyDeleteRob Dawg,
ReplyDeleteIt is almost as if...
The sarcasm must flow! ;)
TJandTheBear,
ReplyDelete...the Fed does a good job of painting over the dry rot.
And let's not forget the Plaster of Paris!
Sigh.
http://www.mpettis.com/2012/10/27/when-the-growth-model-changes-abandon-the-correlations/
ReplyDeleteI think you would enjoy this essay; Professor Pettis is reinforcing the idea of trend breakdowns.
Scott,
ReplyDeleteWhen the Growth Model Changes, Abandon the Correlations
What a great start to an article. Yes!