At least someone agrees with me now/Claims, durable goods orders

At least David Tepper agrees with me on Chinese/Hong Kong stocks as I can’t find many others. His timing though was much better than mine.

Initial jobless claims totaled 218k, 5k below expectations partly offset by a 3k upward revision to last week’s print to 222k. The 4 week average was 225k vs 228k in the week before. Continuing claims were 1.834mm vs 1.821mm in the week before, still around the highest levels since November 2021.

At least measured here, the bottom line remains the same in that employers have cut back on their pace of hiring while still being reluctant to fire their people.