First The Sugar High

Then comes the crash. One week's report shouldn't be taken as such, but it must be recognized as a canary.

In the week ending December 7, the advance figure for seasonally adjusted initial claims was 252,000, an increase of
49,000 from the previous week's unrevised level of 203,000. This is the highest level for initial claims since September
30, 2017 when it was 257,000. The 4-week moving average was 224,000, an increase of 6,250 from the previous week's
unrevised average of 217,750.

Many people have been predicting that the Trump Tax Giveaway was merely a massive sugar dose to the economy. Mostly by taking from the poor and giving to the rich. May haps The Manchurian President will suffer, along with the 99%, the same fate as Dubya? And lose the Senate in the bargain.