Sitting in an unknown airport, preparing to travel to an unknown destination, FinTag laments on all the economic current events articles that make him just want to sit up and go "oof". The U.S. budget deficit, porn's budget deficit, joblessness claims, new regulations, and so much more. ... Read more

The weekly jobless claims data is out and we have a second week of coming below that 600,000 mark.  The new figure is down 47,000 to a level of 522,000.  The reading of 565,000 originally reported last week was revised higher by 4,000 jobs to 569,000.  Bloomberg had a consensus estima ... Read more

The Labor Department has just released its weekly jobless claims data at 621,000.  The prior week’s reading was revised to 625,000 from a prior reading of 623,000.  The consensus estimates from Bloomberg were for a reading of 620,000 for this week’s data.  This data is too in-line ... Read more

The weekly jobless claims is still a dismal reading.  Thankfully, it was just a tad less dismal than before. The new drop came in at -20,000 from 674,000 to 654,000.  The expected drop was a drop of only -9,000.  The bad news on this front is the 5.84 million in continuing jobless cla ... Read more

Note: Weekly claims is historically a noisy series. So, for initial claims, most analysts use the 4-week moving average - and that increased again this week. The DOL reports on weekly unemployment insurance claims : In the week ending Feb. 28, the advance figure for seasonally adjusted initial c ... Read more

The DOL reports on weekly unemployment insurance claims : In the week ending Jan. 31, the advance figure for seasonally adjusted initial claims was 626,000, an increase of 35,000 from the previous week's revised figure of 591,000. The 4-week moving average was 582,250, an increase of 39,000 from ... Read more

If you were looking for good news before the holiday, you might need to look at the pre-sales and discounts for retail or might want to reed some nice children books.  The economic data does not have any good news in it to speak of unless your nickname is Dr. Pangloss.  Weekly ... Re ... Read more