Initial Claims – Too Volatile, Lets Smooth It Out
January 26, 2012 1:55 pm
Each week we are treated to the 8:30 am edition of THESE ARE YOUR CLAIMS – A reprisal of the old show from years ago. In this edition, the claims are presented without any reference to seasonality or any other relevance, except for “expectations” of analysts. Markets trade on the news of this and continuing claims like it actually means something.
A better idea may be to look at the trend in order o make a more complete opinion. Even better would be to have an understanding of how seasonality. But, I don’t even think that the Department of Labor has a handle on that.