Still hovering near 43 year lows, initial jobless claims printed a better than expected 265k against expectations of 269k. Continuing claims also dropped from 2.218m to 2.179m – also back near 43 year lows. So, the mystery is – why is the ISM’s composite manufacturing and services employment index collapsing to 6 year lows?
hhmm?
via Zero Hedge http://ift.tt/1ZwcgG1 Tyler Durden