It's Thursday

So we have last week's unemployment numbers, with initial claims falling by 19,000 to 204,000, and continuing claims fell by 24,000 to 1,694,000.w

Generally, this would be though of as good news, but unfortunately, the Federal Reserves sees a decent job market as inherently inflationary, even though the inflation rate over the past 3-4 months has been close to their 2% goal.

Job openings remain strong

So the beatings will continue until morale improves.

This is made even more likely by the fact that JNovember job openings remain high.

So, the question is what this means for the economy, and once again, I answer, "¯\_(ツ)_/¯." 

The more important question is how the the Federal Reserve will react to these numbers, and honestly they are more concerned about being perceived to flight inflation that actually addressing inflation.

If they throw millions out of work, and inflation remains high, they see it as a win, because they see ineffective sadism as strength.