Sandy, Obama is Thy Name

15 Nov

The disaster affecting the US is no Superstorm…

Get ready for the “it’s all Sandy’s fault” barrage, because the post-reelection status quo sure will desperately need it today. The latest initial claims data posted a multi-year high 104,548 surge in weekly NSA claims from 361,800 to 466,348, and even the Seasonally adjusted number soaring from 361K to 439K on expectations of a 375K print. In other words, a complete disaster for any economic data bulls.

Notice anything strange about the final two pre-election jobless numbers?

https://i0.wp.com/www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/11/20121115_claims.png

If you can’t the trust the BLS, who can you trust? Can you say Obamacare?

Zero Hedge

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