At 3.839M, Initial Jobless Claims came in above the 3.5M estimate, but below last week’s 4.442M level; this was the 4th weekly decline. Claims are still EXTREMELY high, but this leading indicator appears to have peaked on 3/28. https://t.co/maIeV4Rfa2 pic.twitter.com/sNnXRXN8ON
— Randy Frederick (@RandyAFrederick) April 30, 2020
U.S. consumer spending plunges by the most on record https://t.co/NY4TwU96eJ pic.twitter.com/nGfUyGeUe4
— Bloomberg Markets (@markets) April 30, 2020
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