Initial Guidance | 19 February 2016

● US jobless claims fall to lowest level since Nov | Bloomberg
● Philly Fed index: mfg in Feb contracts for 6th straight month | MarketWatch
● Conference Board’s US Leading Economic Index Dips in Jan | RTT
● Americans’ Expectations for Economy Decline to 3-Month Low | Bloomberg
● Oregon Lawmakers Approve Landmark Minimum Wage Increase | AP
● The bull market in voodoo economic projections | Krugman/NY Times