Jobless claims show US coast is clear except for mutations
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Economically, I would say we're out of the woods for a recession now except to the degree mutant variants force new lockdowns. Four data points, real quick here.
The 14-day change in hospitalization is -23%, with 91,440 hospitalizations at present. That's down from a peak over 130,000
Initial jobless claims came in today at 779,000, moving the 4-week aver…