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Non-Tech : Kirk's Market Thoughts
COHR 186.41-4.1%Jan 5 3:59 PM EST

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To: Jerome who wrote (1712)7/17/2014 1:40:55 PM
From: Kirk ©   of 26937
 
Good unemployment news.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS
SEASONALLY ADJUSTED DATA
In the week ending July 12, the advance figure for seasonally adjusted initial claims was 302,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 304,000 to 305,000. The 4-week moving average was 309,000, a decrease of 3,000 from the previous week's revised average. This is the lowest level for this average since June 2, 2007 when it was 307,500. The previous week's average was revised up by 500 from 311,500 to 312,000.
ows.doleta.gov

I guess keeping the taxes lower on the working folks like me per Bush and made permanent by Obama did some good. You wonder if you and others will ever give president Bush credit for a good idea that president Obama made permanent with corrections on the rich with higher rates on unearned income above a fairly high threshold. I am honest enough to give them BOTH credit.
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