Category Archives: U.S. Economy

Initial Unemployment Claims 351K, down 24K

Posted on March 6, 2008 by John Rutledge

In the week ending March 1, the advance figure for seasonally adjusted initial claims was 351,000 (351K), a decrease of 24K from the previous week’s revised figure of 375K. The 4-week moving average (4WMA) was 359K. This is a welcome … Continue reading →

Posted in All, Economic Indicators, U.S. Economy | Comments Off on Initial Unemployment Claims 351K, down 24K

Housing Crisis is Rooted in the Asset Markets, Not the GDP Accounts. That's Where We Have to Fix It

Posted on March 1, 2008 by John Rutledge

Although all of the shrieking is about whether we will have a recession, i.e., a drop in GDP, the real issue is the health of the asset markets. Investors today are not able to predict the cash flow from the … Continue reading →

Posted in All, U.S. Economy | 3 Comments