Thursday, December 4, 2014

General Economics

Market Watch | U.S. jobless claims decline 17,000 to 297,000
The number of people who applied for U.S. unemployment benefits fell by 17,000 last week to 297,000, returning initial claims to levels consistent with a steadily improving labor market after a surprising spike in the prior week.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Happy Holidays From the Saudis and Shale Oil

Wall Street Journal | Housing Forecasts for 2015: Resurgent Home Building and Restrained Optimism
With the door closing on 2014, economists are starting to tout their housing forecasts for next year. Count chief economist Jonathan Smoke among the more conservative optimists.