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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (71796)	11/29/2007 1:10:06 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Initial Unemployment Claims Jump globaleconomicanalysis.blogspot.com Seasonally adjusted initial claims was 352,000, an increase of 23,000 from the previous week's revised figure of 329,000. Continuing claims rose by 112,000 the highest mark since Dec 24, 2005. If the next monthly jobs report is miserable and weekly claims remain elevated, the Fed is likely to cut 50 basis points. Mish