Rise in jobless claims boosts Fed easing expectations

Follow the money people! While such headlines support the political rhetoric heading into the elections, it is not consistent purpose of the liquidity injections. Liquidity injections support asset prices and balance sheets within the financial system. A breakdown of commercial banking credit suggests that "liquidity injections" has done little to support investment through commercial & industrial and real estate loans since 2009. Investment rather than liquidity creates jobs.

Average Weekly Initial Claims State Unemployment (AWIC) And YOY Change:

New U.S. claims for jobless benefits rose last week, hardening the view the central bank will pump more money into the economy, and keeping pressure on Democrats poised to lose congressional seats in November 2 polls.

Source: finance.yahoo.com
Source: edegrootinsights.blogspot.com