Jobless claims were up for last week, but the 4 week moving average continues to go down.
The people who read Federal Reserve minutes are claiming that the language has changed sufficiently to indicate that the Fed is poised to act in September. It seems there is a sort of central banker speak that they use to signal the lesser banks what they are about to do. That's so the peasants don't catch on. Like the Royals speaking in French instead of English. Personally, I think the only good way to predict what bankers are going to do in the future is to examine the entrails.
The right is incensed that the Fed might take some action in an election year. They don't mind that the Fed prints trillions of USD to bail out the Republican bankers. Apparently they'll let the banks go under in order to take down Obama. Not that the banks going under would hurt the super rich in the least. Rank and file Republicans don't get that they aren't in the too big to fail class.