Jobless Claims Are About to Skyrocket

A big jump in jobless claims actually muddies the picture for the labor market. Meanwhile, consumer prices that many in the mainstream are claiming as sticky...are. But not for the reasons stated. We're seeing "sticky" prices in the technical sense, and that's not good. 

Eurodollar University's conversation w/Steve Van Metre 

Bloomberg Odd Lots Austan Goolsbee Explains the Fed’s Big Rate Cut
https://www.bloomberg.com/news/articles/2024-10-11/austan-goolsbee-explains-the-fed-s-big-rate-cut

Atlanta Fed Sticky Price CPI
https://www.atlantafed.org/research/inflationproject/stickyprice/

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Twitter: https://twitter.com/JeffSnider_EDU