Dismal Science Stuff
Weekly New Jobless unemployment claims rise to 345,000.
Wall Street analysts had forecast a slight decline in claims to 326,000 from a revised 333,000 the previous week.
I found a really good, easy to follow article that MSN has posted by The Street.com's Peter Eavis. Debt matters. The facts concerning debt, and debt to equity ratios aren't in question. What is open to debate, is what this may mean. I would say that Eavis lays out a convincing case for the likely consequences of a series of rate hikes.
Wall Street analysts had forecast a slight decline in claims to 326,000 from a revised 333,000 the previous week.
I found a really good, easy to follow article that MSN has posted by The Street.com's Peter Eavis. Debt matters. The facts concerning debt, and debt to equity ratios aren't in question. What is open to debate, is what this may mean. I would say that Eavis lays out a convincing case for the likely consequences of a series of rate hikes.
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