Hello, fellow rebel capitals, hope you're well.

So, like the title says, we have never seen numbers this high

without a recession.

What numbers am I referring to?

That would be continuing jobless claims. The increase in

continuing jobless claims. We're going to get right into some charts and a

video clip from the one and only see NBC but

before we do I want to remind all of you to check out rebel capitalists live

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All right, let's get over to this clip from see NBC and this is from Rick

Santelli. 46,000 a week of the 24th of March and what's notable here is is that how much higher all of

these numbers are after last week's benchmark revisions continuing claims 1,81010,000.

So continuing claims 1.8 million roughly.

Is lower than the 1,823,000 in the rearview mirror and after those benchmark revisions

where we couldn't get above 1.7 last week's 1.823 million happened in the highest since D.S. of 21.

Okay, so they revised last week's numbers.

It got up to roughly 1.82 million which was the highest we have seen since I think he's

abbreviating December so December of 2021 and this week it's just under that high water mark at 1.81 million.

So why is this important? Why do these numbers usually equal a recession?

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