Goldman Sachs warns data point to apocalyptic surge in unemployment insurance claims, to 2.2 million

[mahatmakanejeeves]

I regret already using "Jesus Tapdancing Christ" earlier tonight.

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Michael S. Derby
@michaelsderby
Goldman Sachs warns data point to a historic and frankly apocalyptic surge in unemployment insurance claims, from current 281,000 to 2,250,000 in next week’s report. Yes you read that right.

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[Hoyt]

1. The following week it'll be two or three times that, if not more. Hope

something to help is done.

[LonePirate]

2. I think that 2.25M number is lowballing it for this week. Next week's number will be well over 10M.

I would not be surprised if next week's number is over 20M or even over 30M.

[Jarqui]

3. They're just getting warmed up nt