Economics

Another 965k First Time Jobless Claims Last Week

January 14, 2021

This morning we received the new first time jobless claims from last week, and more than exceeded the “experts” expectations. Last week saw a whopping 965,000 claims. The previous week was 787,000 claims.

And yet the stock market continues to see record highs, while millions more continue to lose their jobs, businesses are collapsing, the Capitol on military lockdown, social media cleaning house, and so on.

THE STOCK MARKET IS NOT THE ECONOMY. THERE IS NO “V-SHAPED” RECOVERY.

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