Bitman on Nostr: Initial jobless claims in the U.S. indicate that the economic slowdown continues, but ...

Initial jobless claims in the U.S. indicate that the economic slowdown continues, but at a slower pace than expected.

Jobless claims dropped by 4,000 last week, while non-farm productivity rose by 2.5%.

The scenario of intervention by the FED and Treasury is solidifying, but with expectations of a smaller impact on the real economy.