So, are CEOs all talk?
After a brief spike last week, initial jobless claims are back in their four year range at 228k - at the same level as in Q4 2021...
Last week's spike - largely driven by New York - has now been erased - largely driven by New York.
..
Continuing claims fell back below the 1.9 million American Maginot Line once again...
Continuing jobless claims across The Deep TriState are back up near post-DOGE highs...
But initial claims across the three states have stopped rising as various lawsuits halt layoffs across federal agencies.