Thursday 8/14 ... At A Glance

By: Matthew Graham • Thu, Aug 14 2008, 6:40 AM

Core CPI .1% higher than expected (.3% vs. .2%)
Initial Jobless Claims down 10k to 450k, but continuing claims still uglier at over 3.4 million
Unbelievable, but when we would normally see more selling, the 99-19 floor level is STILL holding. More to follow. Don't lock yet (or maybe at all).