ECRI: Warns Against a Buy-and-Hold Mentality

by Lakshman Achuthan, ECRI Chief Operations Officer Editor’s Note: This is Lakshman’s presentation notes and slides from the Bloomberg Sovereign Debt Conference held this past week in Frankfurt, Germany.  Lakshman has advised Econintersect: “By the way, at the conference in Frankfurt it caused a bit of a stir since the general mood was such that …

Initial Unemployment Claims Rise – A Harbinger of Poor April Jobs Outlook

Weekly initial unemployment claims are stubbornly resisting staying in the 350,000 to 400,000 range which is a precursor to better employment numbers. Is this a repeat of the 2001 recession where claims dropped below 400,000 only to rise again and chill the jobs recovery?