@agenturban@agenturban "Divesting" - does this just mean he is selling his ownership stake? His ownership stake of a project that is now worth a whole lot more with this lease in place? While you say he is "out" does that mean he is not making a profit? "No economic stake"...from now on.
One of my favorite indicators: NSA Initial Claims is moving up off the lows, but it's still right in line with seasonal averages.
I removed 2020-2021 (while they are massive outliers in the series), but believe me you will see stress in this series when it appears.