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Continuing Claims Remain in a Rut

  • Writer: D Dd
    D Dd
  • Jun 19, 2020
  • 1 min read

Continuing UI claims show little movement this week. Remember: companies take on little risk by laying off TOO MANY people, so reversing the trend is a hard slog. Also, note the presence of the grey bar in this chart, officially marking a recession, which occurred BEFORE the COVID crisis hit. Oceans of liquidity prop everything up, while the Senate sleeps.

 
 

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