And we have a fair amount of data beyond initial unemployment claims, initial claims were up 2,000 to 204,000, basically flat, and continuing claims were basically the same, up 12,000 to 1.67 million.
The third update on the 2nd quarter GDP numbers were unchanged at 2.1% , which is good, but not great.
In addition to the above, "Meh," we have home mortgage rates hit a 23 year high, 7.31% the highest rate since December of 2000.
I still think that we are oging to have a hard landing.
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A member of the Democratic wing of the Democratic party, and a fan of Bernie who thinks Neoliberal (DLC/New Dem) trickle down conomics sucks.Mechanical Engineer with a background in defense, electronics packaging, medical & food equipment, transportation, and manufacturing.
In my spare time (Hah!), I am the developer of the Firefox addon, bbCode for Web Extensions (bbCodeWebEx).
I have two cats, a black cat, and a gray and white long hair cat, who keep me on my toes. (Because he keeps attacking my feet)
I am a Jew and a Zionist, who is married to a woman with exquisitely bad taste in men, and I have two remarkable children with her.
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