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6th Aug 2024 20:21USDaily Monitor

  • We look for a decline in initial claims to 235K, from 249K, as the boost from Hurricane Beryl wears off...
  • ...The trend in initial claims is rising, but daily Homebase employment data present no cause for panic. 
  • The latest plunge in Treasury yields likely will support housing market activity only marginally.

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Keywords for: 8 August 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence