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These jobless claims figures strongly suggest that any discussion of a runaway economic recovery have been greatly exaggerated. Instead, what we see here is a recovery that continues to face significant headwinds emanating from the employment front.
Anthony Chan
Claims
Discussion
Economic
Exaggerated
Figures
Greatly
Instead
Recovery
Runaway
Strongly
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These jobless claims figures strongly suggest that any discussion of a runaway economic recovery have been greatly exaggerated, ... Instead, what we see here is a recovery that continues to face significant headwinds emanating from the employment front.
— Anthony Chan
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Recent trends in this index strongly suggest that the largely anticipated path towards economic recovery has in all likelihood already begun,
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Now, with the economic recovery appearing to be somewhat in place and the central bank not lowering rates, we see people trying to get in at the gates before rates start to rise.
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Which shows that some of these claims can be highly exaggerated.
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The orders component should jump out and catch your eye, ... We're still in expansion mode, and recovery is in no jeopardy of derailing, but it's not racing away from us.
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