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Today we received the new jobless claims: and they are not good at all.
In the week ending December 12th, another 885,000 first-time jobless claims were filed. The previous week ending on the 5th reported around 860,000 first time claims.
This week’s number “broke expectations,” as mainstream econonmists had forecast lower numbers.
AUTHOR COMMENTARY
And yet the stock market continues to reach all-time record highs, and official unemployment numbers continue to go down…
This is just further proof that there is NOT a “v-shaped” recovery, and there has NEVER been one. Check out my article that lays out the evidence that there has not been any kind of recovery whatsoever.
To be blunt, if you believe that we are in some kind of recovery, then you are deceived or a deceiver.
But evil men and seducers shall wax worse and worse, deceiving, and being deceived.
2 Timothy 3:13
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