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Fail.
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Optimism may not be warranted at this time.
Source Data:
St. Louis Fed: Real Disposable Personal Income per Capita
Weekly Initial Unemployment Claims Decrease to 217,000
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The DOL reported:
In the week ending November 9, the advance figure for *seasonally adjusted
initial claims was 217,000*, a decrease of 4,000 from the prev...
3 hours ago
2 comments:
For those keeping track at home, that's roughly 2% less real disposable personal income growth and a new short-term trend to die for. Yay.
Thanks to ZIRP, the Fed has permanently put a stop to recessions. And if you buy that, perhaps you'd consider helping me out. I'm a Nigerian Prince in desperate need of your help. I can make it very profitable for you! ;)
As a side note, people have mentioned that I offer economic chart porn in the past. I kind of took it as a humorous compliment.
But this is getting ridiculous! I'd say that second chart looks, well, um, hey...
*blushing*
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