Uddrag fra Zerohedge.
Continuing jobless claims also spiked from 1.816mm to 1.861mm Americans…
Source: Bloomberg
Finally, of course, Hurricane Helene has had a big impact on these numbers (with North Carolina seeing a major surge in initial claims), so let’s not get carried away yet that reality is leaking into these numbers.
So – to summarize – inflation printed way hotter than expected this morning and the labor market indicators crashed – good luck with that stagflationary malarkey Mr. Powell.
