Thursday, February 17, 2011

If It's Thursday...

Jobless claims this week up 25k to 410k, so that's not good.  We really need to stay below 400k.

Core inflation up slightly, but still not enough to indicate anything more than stagnant princes on big ticket items.  Commodities are another story. 120k people fell off the 99er cliff last week of January, too.  Not good.

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