Thursday, April 18, 2019

Holy Mackerel! Jobless Claims Set 50-Year "Low" Record Last Week -- Even Lower This Week -- Resist!! -- April 18, 2019, T+6, Part 1

Jobless claims: link here --  
  • forecast: 206,000
  • prior: 196,000, revised to 197,000
  • actual: 192,000
Trump: make America great!

Buttigieg: has an answer to "make America great!" I do not know what it is.

Politico: why the media dumped Beto for Buttigieg

Missouri River flooding: it should be noted that Kirsten Gillibrand and Cory Booker both voted against a multi-million-dollar bill to provide disaster relief for Missouri River flooding in Iowa.

Jobs:
Initial jobless claims keep grinding lower and lower.
The last time this few Americans sought the help of government after losing a job was in November 1969. Initial Jobless Claims tumbled another 5K from the prior week's revised 197K to just 192K: the second consecutive sub-200K print in 50 years, and the lowest print since September 1969.
US retail: US retail spending rebounds in March (headline is wrong); driven by autos
American consumers resumed spending in March, snapping up autos ahead of the summer driving season and pushing the US retail sector to its biggest gains in 18 months, government data showed Thursday.
The unexpectedly strong month for the key retail sector helped recover losses after December's worrisome slump, according to the Commerce Department.
If it weren't for Drudge we wouldn't even know about this. The media is only interested in "negative" stories and is now obsessed with a nothing burger -- the Mueller report.

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