Why Asian Stock and Bond Markets Merit a Closer Look
March 26: There were 3,283,000 million initial jobless claims for the week ended on March 21—up 1,064.2% from the week before, and the highest on record by a factor of nearly five. The latter two states seem low given anecdotal evidence, which may indeed reflect issues, with websites crashing, phone lines jammed, and a general reluctance of people to stand in line with lots of other claimants in the current environment. State and local governments will also face stresses.
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