ntourney777

Jobless claims report lowest since '69 points to strong economy?

DJ:DJI   Dow Jones Industrial Average Index
Beware of the seemingly lowest jobless claims report pointing to a strong economy. The economy is not a math equation with a definitive answer. Is it possible jobless claims are so low because people are being forced back into the work force simply because they cant afford being jobless? Remember the new jobs report just doubled expectations yet unemployment increased, which supports my theory and keeps my ears open more than ever. There are many other reasons that could possibly point to an actual weakening economy. Lastly, let's take a look at what happened to the market in 1969. If such a low jobless report shows such a strong economy (50 years), why did bears come out of hibernation in '69?
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