07/09/15 12:29 PM EDT

MUST-SEE MACRO CHART: Why the Next Move > 300K Jobless Claims Is a (Huge) Problem

Keith McCullough

Our macro team has spent considerable time highlighting why staying < 300,000 won’t happen forever. Unless, of course, it’s different this time.

Employment is #LateCycle. Period.

MUST-SEE MACRO CHART: Why the Next Move > 300K Jobless Claims Is a (Huge) Problem

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