Hearing about GM’s new battery plant I started reminiscing about an article I wrote back in July of 2008. Will this movement in the U.S. have the same impact it had on Japan? We will have to wait and see.
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Initial Claims rose 25K to 584K, as the index continues to adjust for erroneous seasonal adjustment factors stemming from early auto plant closures. The good news these askew effects have by now likely all been washed out, so we should once again be able to rely on claims as a reliable indicator. On that note, […]