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Market Shrugs Off ‘Small Pop’ in Jobless Claims
Barron's ^ | May 5, 2016 | Amey Stone

Posted on 05/05/2016 7:53:37 AM PDT by John W

Weekly jobless claims, posted early Thursday, rose by 17,000 to 275,000, 14,000 more than expected. It was up from 257,000 reported last week, which was the lowest number since the early 1970′s.

Coming off such low numbers, the increase Thursday wasn’t seen as that significant by strategists. Thomas Simons of Jefferies called it “a small pop” and said it was mostly due to seasonal factors.

(Excerpt) Read more at blogs.barrons.com ...


TOPICS: Business/Economy; News/Current Events
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1 posted on 05/05/2016 7:53:37 AM PDT by John W
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To: John W


2 posted on 05/05/2016 8:17:31 AM PDT by Iron Munro (Islam is Islam. Democracy is the train we ride to our ultimate victory. (Recep Erdogan))
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To: John W

What market? There isnt a market any longer, just a rigged system for the rich to get richer on national debt and fiat debasement.


3 posted on 05/05/2016 9:44:02 AM PDT by Freedom_Is_Not_Free (The Confederate Flag is the new "N" word.)
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