High-Freq Data and DOGE Monitor - 2026-03-04

Continued tranquility in the high-frequency data, with new claims beating and continuing claims missing, but both at very low numbers. The darker side is the earnings surprise factor for last week, which was a 4.7% miss on average across 30 reporting companies. Sectors with net misses were Energy, Financials, Comm Services, Utilities and Real Estate -- a broad front.