Despite stocks being at record highs, sell-side strategists proclaiming today’s jobs report as great, and the Fed comfortable tapering in the face of transitory weather-related macro weakness, the following chart suggests all is not well… Echoing Irving Fisher, it appears we have reached a permanently high plateau in the duration of unemployment in America…
h/t @Not_Jim_Cramer
via Zero Hedge http://ift.tt/1k0X0g2 Tyler Durden