{"id":190646,"date":"2009-11-05T23:22:00","date_gmt":"2009-11-06T04:22:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/11\/05\/economics-update-129\/"},"modified":"2009-11-05T23:22:00","modified_gmt":"2009-11-06T04:22:00","slug":"economics-update-129","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/11\/05\/economics-update-129\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<div style=\"border: 1px solid black; margin: 0px 10px; width: 410px; float: right; text-align: center;\">Click for full size<\/p>\n<hr \/>\n<p><a href=\"http:\/\/www.sec.gov\/litigation\/complaints\/2009\/comp21284.pdf\"><img decoding=\"async\" src=\"http:\/\/img198.imageshack.us\/img198\/750\/206161392682.jpg\" bordercolor=\"white\" border=\"0\" \/><\/a> <span style=\"font-style: italic;\"><br \/>The Defendants in the Galleon Case&#8230;.So Far<br \/>Click for PDF from SEC<\/span><\/p>\n<p><a href=\"http:\/\/img200.imageshack.us\/img200\/865\/showimageasp3207683.gif\"><img decoding=\"async\" src=\"http:\/\/img200.imageshack.us\/img200\/865\/showimageasp3207683.gif\" bordercolor=\"white\" border=\"0\" width=\"400\" \/><\/a><br \/>H\/t <a href=\"http:\/\/bonddad.blogspot.com\/2009\/11\/initial-jobless-claims-512000.html\">The Bondad Blog<\/a><\/div>\n<p>It&#8217;s jobless Thursday, and <a href=\"http:\/\/money.cnn.com\/2009\/11\/05\/news\/economy\/jobless_claims\/index.htm?section=money_topstories\">initial jobless were better than forecast<\/a>, 512,000, down from a revised 532,000 the prior week, comparing the initial numbers from last week, it&#8217;s 512K from 530K, a still quite impressive 18,000 drop.<\/p>\n<p>The 4 week moving average fell 3000, to 523,750, and the continuing claims fell to  5,749,000, down 68,000 from last week&#8217;s number 5,817,000, though the initial figure there was 5,797,000m which is a 48K drop.<\/p>\n<p>We are still seeing repercussions of the the Fed&#8217;s extended zero rate interest in energy and currency, with people worrying that the run up in commodities may be coming to an end, which pushed  <a href=\"http:\/\/money.cnn.com\/2009\/11\/05\/markets\/dollar.reut\/index.htm\">the dollar and Yen up<\/a>, and <a href=\"http:\/\/www.reuters.com\/article\/businessNews\/idUSTRE56T3EA20091105?feedType=RSS&amp;feedName=businessNews\">oil down<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Click for full size The Defendants in the Galleon Case&#8230;.So FarClick for PDF from SEC H\/t The Bondad Blog It&#8217;s jobless Thursday, and initial jobless were better than forecast, 512,000, down from a revised 532,000 the prior week, comparing the initial numbers from last week, it&#8217;s 512K from 530K, a still quite impressive 18,000 drop. &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],"tags":[],"class_list":["post-190646","post","type-post","status-publish","format-standard","hentry","category-currency","category-economy","category-employment","category-energy"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190646"}],"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=190646"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190646\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=190646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=190646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=190646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}