Initial Claims Say We're in Something Deeper than the Tech or Housing Bubbles – ValueWalk Premium

Initial Claims Say We're in Something Deeper than the Tech or Housing Bubbles

Initial Claims came in at +265K, making it over a year of Initial Claims below the psychologically important 300K threshold.  In looking at comparable cycles, one has to go all the way back to the early 1970s to find a similar instance.

This isn't your typical tech bubble.  Nor is it your typical housing bubble.  This is something else.

Perhaps call it the

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