High-Freq Data and DOGE Monitor - 2025-05-07
Date:
Thursday, May 8, 2025
Summary:
New and existing jobless claims drop back from last week's little disturbance, and both beat consensus. The only worrisome high-frequency data is the continuing small deterioration in 365 days-ahead S&P 500 forward earnings. It's small -- but forward earnings should go up every day.