“Last time jobless claims were sitting at 209k was back in December 1969. A recession started the next year, typical of a late-cycle hitting the capacity wall. It was a surprise then, and it will be a surprise now.”
David Rosenberg
“Last time jobless claims were sitting at 209k was back in December 1969. A recession started the next year, typical of a late-cycle hitting the capacity wall. It was a surprise then, and it will be a surprise now.”
David Rosenberg
Who’s gonna be “surprised” when this debt bomb goes off? Only the armadillo that has taken residence under my front porch.