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Taken from: Government "Processing Error" Sinks Housing Reports for Entire Year; Where to From Here?
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I have a watchful eye on initial unemployment claims. They have been trending higher (unexpectedly of course) since mid-October. Initial Claims 2015 Econoday economists were surprised by the jump.
A "Mish Together" January 5, 2016 Posted by Michael Shedlock at 2:22 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
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Original post: Fed a Creature of Financial Markets; The Draghi PUT; Global Crisis Coming Up
Read the original: 4th Quarter GDPNow Forecast Plunges to 1.3% Following Housing and Other Data; What’s Next?
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In the Wake of Podemos’ Unexpected "Victory"; Unsavory Demands; Expect New Elections Spanish mainstream political parties are reeling from the unexpected rise of Podemos. The radical left anti-austerity, eurosceptic party was sinking rapidly in the polls with a mere 16% of the projected vote a week ahead of the election.