LOL at the headline... IBD use to be pretty good.
Aw, it still is. The thing is that claims this time did in fact come in "higher than expected" while you, me, and IBD are fully aware that they come in lower than expected just as often and that they're still lower than we had any time between 2002 and 2008.
| Statistic | Actual | Briefing Forecast | Market Expects |
| Initial Claims | 294K | 267K | 270K |