Initial Claims Signal Hyperextended Bubble Economy, Next Fed Generational Serial Blunder | The Wall Street Examiner

``Both the normal annual low in claims in September, and the normal annual peak in early January have now exceeded the levels seen at the last top in both the stock market and the economy. At that point in 2007, the Fed began to panic about the housing bubble and pulled the plug on growing its balance sheet before panicking the other way later in the year with its alphabet soup rescue programs... If the Fed hardens in its intent to taper QE now, then we're headed for one of those inevitable collapses that results from the Fed's long term history of generational serial blunders. It's just a matter of time.''