Latest U.S. economic numbers paint an interesting picture. Weekly jobless claims hit 236k for the period ending December 6—overshooting forecasts of 220k and climbing from last week's revised 192k figure. Meanwhile, September's trade gap narrowed significantly to $52.8 billion, crushing expectations of $63.3 billion. Previous months saw revisions too, with August's deficit adjusted from $59.6B to $59.3B. Labor market softening while trade balance improves? Markets are definitely taking notes on this mix.
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DogeBachelor
· 23h ago
Unemployment data has risen again, and the 236k figure looks uncomfortable.
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FortuneTeller42
· 12-12 19:55
Unemployment data once again exceeded expectations; this wave is really a bit upsetting. However, the trade deficit suddenly narrowed by so much—well... it feels a bit unusual.
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BlockchainWorker
· 12-12 19:08
Unemployment data has surged again, this wave is really softening. The trade deficit looks good, but this set of data is a bit mysterious, not sure how it will play out next.
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digital_archaeologist
· 12-11 18:01
Unemployment benefit applications are climbing again, and these numbers are a bit chaotic... Where's the soft landing we were promised?
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Rekt_Recovery
· 12-11 17:51
ngl the jobless claims spike caught me off guard... been there, seen the liquidation cascade play out. but that trade deficit crush? *chef's kiss* recovery narrative energy fr fr
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RumbleValidator
· 12-11 17:47
Unemployment data at 236k directly breaks the defense; it seems the soft landing expectation needs to be rewritten. The trade deficit shrinking to 52.8B is actually acceptable, but the market cannot handle signals that are unequal on both ends.
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ChainSpy
· 12-11 17:32
Unemployment data has surged again. It's really hard to predict how the market will move this time.
Latest U.S. economic numbers paint an interesting picture. Weekly jobless claims hit 236k for the period ending December 6—overshooting forecasts of 220k and climbing from last week's revised 192k figure. Meanwhile, September's trade gap narrowed significantly to $52.8 billion, crushing expectations of $63.3 billion. Previous months saw revisions too, with August's deficit adjusted from $59.6B to $59.3B. Labor market softening while trade balance improves? Markets are definitely taking notes on this mix.