Unexpectedly!--again

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Unexpectedly!--again

Here’s the priceless headline from Bloomberg News: “Initial Jobless Claims in U.S. Unexpectedly Increased Last Week.” Unexpectedly! As I noted in my May 28 Examiner column and in Beltway Confidential, bad economic news always seem to come in “unexpectedly” or to be “unexpected.” Which leads me to ask: at what point do the supposed experts start expecting bad economic news? You’d think they might be after the last two weeks.


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URL: http://www.sfexaminer.com/blogs/beltway-confidential/2011/06/unexpectedly-again