Thursday, January 13, 2011

SO WHAT ELSE IS NEW?

More people applied for jobless aid last week- AP

"More people applied for unemployment benefits last week after retailers shed temporary holiday employees. The Labor Department said Thursday that the number of people seeking benefits jumped by 35,000 to a seasonally adjusted 445,000 for the week ending Jan. 8."

There were OUTFLOWS from equity funds first week of 2011 over $4B.....and Bonds got some inflow....is anyone asking WHO is buying? we know who

D

1 comment:

Scoremore said...

Weekly jobless claims up more than expected.the number of workers continuing to filing claims for unemployment benefits topped 6.1 million.Economists had expected initial claims in the week ended January 8 to fall to a seasonally adjusted 405,000. The four-week average of new claims rose 5,500 to 416,500.this is not good...