Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, November 13, 2008
Initial jobless claims pop over 500,000
This is not good.
I watch this statistic as a leading indicator more than any other. And it looks like my fear from Labor Day might be realized.
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