So What Did You Expect?
3:28 PM, Mar 14, 2014 • By GEOFFREY NORMAN
Expectations unexpectedly fell with is something many have come to expect … if you know what we mean.
As Kathleen Madigan of the Wall Street Journal reports:
The numbers bounce around. Some are good and some are bad. Many are unexpected. Yesterday’s first-time claims number was good and gave hope to those who believe that there may be more jobs out there for people who are looking for work. But we have been traveling that road for a long time and one tends not to let those expectations get too far out ahead of reality.
Which is … more than half the country believes the economy is still in recession. Which makes for some not very hopeful expectations.
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