Thursday, April 13, 2017

Jobs, Making America Great Again; Huge Consensus Miss, T+82 -- April 13, 2017

First time....from Kiplinger:
  • the number of newly unemployed continued to drop: 234,000
  • a decrease of 1,000 from the previous week's revised level
  • the previous week was revised up by 1,000 from 234,000 to 235,000
  • 4-week moving average: 247,250 -- a decrease of 3,000
  • weekly initial jobless claims are tracking at levels last seen in 1973
Huge consensus miss, Econoday:
  • consensus: 243,000
  • actual: 234,000
Jobs claims: post-recession low. Trump making America great again. Trump approval jumps to 48%.

I'm continue to think the March jobs report was an anomaly; a huge error of some sort that may never be explained.

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The Jane Austen Page

This summer: the bicentenary of Jane Austen's death.

From "Last Laugh: Jane Austen's final, surprising, unfinished novel," Anthony Lane, in the March 13, 2017, issue of The New Yorker:
Austen was the seventh child of a country rector. The family was well connected but not wealthy. Of her six mature novels, four were published in her lifetime, and none bore her name on the title page. The one she left dangling (unfinished) is known as "Sandition," although she assigned no title. Nor did her beloved sister Cassandra, when she copied the manuscript, long after Jane's demise.

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