The number of Americans filing for jobless benefits for the first time tumbled to 211k in the last week of 2024 (down from 220k the prior week and well below the 221k exp). That is the lowest claims print since April…
Source: BloombergNotably, unadjusted claims rose for the second week in a row.Continuing claims also tumbled back below the 1.9 million Maginot Line (to 1.844mm vs 1.89mm exp). That is the lowest since September…
Source: BloombergSeems like Powell and his pals will be struggling to come up with reasons to cut rates on Jan 29th if this first data point of the year starts a trend.More By This Author:“What Is The Biggest Risk For 2025” And 13 Other Highlights From DB’s 2025 Market Survey
End Of An Era: Ukraine Halts Transit Of Russian Gas To Europe
Asia Dominates The World’s Most Economically Optimistic Countries
