Morning Journal-Andrea Mitchell gets the mother of all smack downs

Economics

This Week’s Data

May wholesale inventories rose 0.3%, in line with forecast; however, wholesale sales dropped 0.8%. This is not a good numbers combo.

Weekly jobless claims fell 24,000 versus expectations of a 4,000 decline, though seasonal factors accounted for much of the drop..
http://www.calculatedriskblog.com/2012/07/weekly-initial-unemployment-claims_12.html