{"id":189508,"date":"2010-03-18T18:44:00","date_gmt":"2010-03-18T23:44:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/03\/18\/economics-update-77\/"},"modified":"2010-03-18T18:44:00","modified_gmt":"2010-03-18T23:44:00","slug":"economics-update-77","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/03\/18\/economics-update-77\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<div style=\"border: 1px solid black; margin: 0px 10px; padding: 5px; width: 400px; float: right; text-align: center;\">Click for full size<\/p>\n<hr \/>\n<p><a href=\"http:\/\/img188.imageshack.us\/img188\/5981\/weeklyclaimsmar18088398.jpg\"><img decoding=\"async\" src=\"http:\/\/img188.imageshack.us\/img188\/5981\/weeklyclaimsmar18088398.jpg\" bordercolor=\"white\" border=\"0\" width=\"390\" \/><\/a> <span style=\"font-style: italic;\">H\/t <a href=\"http:\/\/www.calculatedriskblog.com\/2010\/03\/weekly-initial-unemployment-claims_18.html\">Calculated Risk<\/a><\/span><\/div>\n<p>It&#8217;s Jobless Thursday, and <a href=\"http:\/\/www.marketwatch.com\/story\/weekly-jobless-claims-decline-5000-to-457000-2010-03-18?dist=afterbell\">initial jobless claims fell by 5,000 to 457,000<\/a>, which is less bad, you need to be under 400K for any real job growth, and the less volatile 4 week moving average fell, though continuing claims fell slightly.<\/p>\n<p>Meanwhile, the CPI <a href=\"http:\/\/www.reuters.com\/article\/idUSN1715009520100318\">was flat in February<\/a>, with a 0.1% increase in the core inflation rate, which omits food and energy.<\/p>\n<p>In real estate, the <a href=\"http:\/\/www.cnbc.com\/\/id\/35929506\">30-year fixed mortgage rate is basically unchanged<\/a>, at 4.96%.<\/p>\n<p>It will start going up once the <span>TALF<\/span> expires in a few months.<\/p>\n<p>Finally, <a href=\"http:\/\/money.cnn.com\/2010\/03\/18\/markets\/oil\/\">oil fell and the dollar rose<\/a>, probably as a correction for the large swings in response to yesterday&#8217;s Federal Reserve statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Click for full size H\/t Calculated Risk It&#8217;s Jobless Thursday, and initial jobless claims fell by 5,000 to 457,000, which is less bad, you need to be under 400K for any real job growth, and the less volatile 4 week moving average fell, though continuing claims fell slightly. Meanwhile, the CPI was flat in February, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1080,973,975,1135,1004,1200,1088,1089],"tags":[],"class_list":["post-189508","post","type-post","status-publish","format-standard","hentry","category-currency","category-economy","category-employment","category-energy","category-finance","category-inflation","category-real-estate","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189508"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=189508"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189508\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=189508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=189508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=189508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}