tag:blogger.com,1999:blog-7281055791664170432.post6261395667574463498..comments2023-05-25T07:45:03.827-04:00Comments on Usually Right: Barker's Newsbites: Thursday, January 14, 2016William R. Barkerhttp://www.blogger.com/profile/03187458308703770056noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7281055791664170432.post-90739740514430461452016-01-14T10:22:01.937-05:002016-01-14T10:22:01.937-05:00http://www.zerohedge.com/news/2016-01-14/initial-j...http://www.zerohedge.com/news/2016-01-14/initial-jobless-claims-jump-6-month-highs<br /><br />Something has changed! After years of consistent down-trend in initial jobless claims, the regime has change since mid-October to an uptrend. <br /><br />This past week saw claims rise 7k to 284k leaving the less-noisy 4-week average at 279k - its highest since early July 2015. <br /><br />Continuing claims also rose to 5 months highs (up over 4% in the last 3 months - the most since June 2009).<br /><br />This is the largest 3-month rise since the end of 2013... (before QE3 was unleashed) <br /><br />And continuing claims surge by their most since 2009... <br /><br />What many appears to be unable to grasp is that we have seen the best and history tells us what comes next...<br />William R. Barkerhttps://www.blogger.com/profile/03187458308703770056noreply@blogger.com