Jobless Claims Are Beginning to Worsen Across the US

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Headline initial and continuing jobless claims in the US rose in the data for last week, but we have also started to see a pervasive rise across several states at once. When claims rise in such a way, it can be a precursor to a recession.

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Amazon reports weaker-than-expected revenue for second quarter and issues disappointing guidance

 

h/t MarcusWallstreetGuy

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