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Initial claims have been marching up, correlation between claims...

  1. yellowgsum
    11,522 Posts.
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    05/04/08
    17:40
    Post #: 3551867

    Initial claims have been marching up, correlation between claims and unemployment is close to 1.

    High commodity prices and asset deflation, think it will be at least a shallow recession. Weak USD could pick up manufacturing and provide an employment buffer sometime down the track?




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