QUOTE OF THE DAY

“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

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1 Comment
steve
steve
April 27, 2018 7:45 am

Who’s gonna be “surprised” when this debt bomb goes off? Only the armadillo that has taken residence under my front porch.