Gotta keep the comments short today because it’s a packed lineup today. economic news First-time claims for unemployment insurance rose by 27,000 last week to 640,000. Though somewhat below the highs of a month ago, this is still quite elevated. So, continuing the theme of the last few weeks, things are still quite bad, though not getting worse at an accelerating rate. Sales of existing houses fell by 3% in March, after rising almost 5% the month before. This number has been bouncing around a depressed level since late last year. So, similar conclusion here, too:… Read More