Initial Jobless Claims “BREAKING: U.S. unemployment aid applications up only 5,000 to 333,000 – a level that signals steady job gains“. An Associated Press Tweet August 8 2013 (Mis)interpreting Initial Jobless Claims Data -The Initial Jobless Claims Myth Initial Jobless Claims Misinterpreted Each week economists and journalists eagerly await the unemployment application numbers from the … Read More →
Why Are Interest Rates Rising? Summary of the Podcast Ryan reviews the ADP employment and the Bureau of Labor Statistics report the latter showing poor job growth while the former showed good job growth. Louis notes that the BLS report was not good as half new jobs were in retail or restaurants and there was … Read More →
Can the Housing Recovery Continue? Real Estate News Who Will Buy the Houses to Sustain the Real Estate Market? The current real estate recovery is characterized by higher home prices driven by low inventory and high demand relative to the existing inventory. The demand is driven by Fed induced low interest rates that has invited … Read More →
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