Unemployment claims go down, equities go up . . .

One of the better correlating pairs of data not often recognized is jobless claims and equity prices.  As the chart below from Scott Grannis’ blog – Calafia Beach Pundit – shows, there has been a tight negative correlation between rising/falling jobless claims and falling/rising stock prices.  All signs point to more improvement in jobless claims therefore stock prices have upside, ceteris paribus.  Jeb Terry, Sr. March 28, 2012

Aberdeen Investment Management – a guide service for micro-cap technology investment

Leave a Reply

Your email address will not be published. Required fields are marked *