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Initial Claims Finally Beat Expectations As Prior Number Revised Higher As Usual

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 03 May 12 6:38 PM | 42 view(s)
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cre·a·tiv·i·ty
   [kree-ey-tiv-i-tee, kree-uh-] Show IPA
noun
1.
the state or quality of being creative.
2.
the ability to transcend traditional ideas, rules, patterns, relationships, or the like, and to create meaningful new ideas, forms, methods, interpretations, etc.; originality, progressiveness, or imagination: the need for creativity in modern industry; creativity in the performing arts.
3.
the process by which one utilizes creative ability: Extensive reading stimulated his creativity.


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Submitted by Tyler Durden on 05/03/2012 - 08:39 Ben Bernanke Continuing Claims

Well, we were half right earlier when we predicted a miss in claims coupled with a material upward revision in the prior number. We did get the revision from 388K to 392K for the week ended April 21, but the current week, which was expected to print at 379K, came at a far better 365K, a drop of 27,000 from the revised number, which happens to be the biggest percentage drop since July 2011, and the biggest expectations beat since July 2009. In other words, baffle them with bullshit as economic doctrine continues: will NFP beat tomorrow, won't it? All depends on when Bernanke feels like launching the NEW QE. In other words, the number came in good (for the first time in 6 weeks), which of course is horrible news for a market which continues to levitate higher on hopes of more monetary heroin.


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http://www.zerohedge.com/news/initial-claims-finally-beat-expectations-prior-number-revised-higher-usual

Most don't believe this lie!!!!!! Algos will make everything fine though.

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And there they are, LOL 5 minutes ago this chart was nose diving......LOL




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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