Archive Category: Andrew Zatlin's Superforecast Trader Archive

45,000. In each of the last three weeks, jobless claims have exceeded expectations — leading to 45,000 more Americans losing their jobs than we might have expected. That’s a big number. And this new data clearly has some investors worried…

Winter storms that covered a majority of the country played a major role in weekly jobless claims. The latest figures out today show a significant spike in the number of Americans applying for unemployment benefits.

Hello and welcome back to Superforecast Trader! This week, we’ve got a little “good news/bad news,” so I’ll start with the bad… Namely; the fact that we’ve had a massive, historic winter storm impacting more than 240 million Americans across 40 different states. Our thoughts and prayers go out to the folks who are still struggling with massive snowfall, power outages and worse.

Welcome to the Thursday wrap-up of Superforecast Trader! Just a day after the Federal Reserve decided to hold rates steady, citing a stabilizing labor market and inflation expectations that remain in check, weekly jobless claims data appear to back up that assessment.

Hello, and welcome back to your Tuesday edition of Superforecast Trader! I hope you’ve been keeping warm despite the frigid weather that’s scoured most of the country over the past week. More than just a minor inconvenience, this winter storm is actually the topic of today’s video update — and the reason why I’m expecting to see a slight uptick in jobless claims this week.