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A Deep Dive Into Markets

Bloomberg Intelligence

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Is the Labor Market Recovery Continued?

Initial jobless claims this morning came in a little higher than expected, at the highest point since early august. We're not thinking this was the start of a train, but it's absolutely something we want to watch for. Our thought is that the labor recovery is still continuing, and that it's not reversing,. But it's a slower process than what the fed o the market would like to see.

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