May 26, 2011

CHANGE: Stubborn Jobless Claims Just Keep Climbing Higher. “New U.S. claims for unemployment benefits unexpectedly climbed to 424,000 last week from a revised 414,000 in the prior week, pointing to a painfully slow improvement in the nation’s job markets.” Unexpectedly! Again!

But wait, there’s more: Q1 GDP Misses Expectations, Personal Consumption Unexpectedly Dives. There’s that word again.

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