The Fed's Beige Book showcases 5 signs of economic pain flying under the radar
Latest report highlights shrinking profit margins, squeezed nonprofits and rising insurance costs.
Source: fortune.com
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Home equity lending opportunities remain despite equity drop
Home price declines are leading to decreased tappable equity, but there are still opportunities in home equity lending, a new report shows.
Source: housingwire.com
April Payrolls Preview: It Will Be A Blowout Number But Will It Be "Too Blowout"
Average Earnings Y/Y ( Average Workweek Hours (exp. 34.9 hrs, prev. 34.9hrs). Payrolls: While consensus expects a 1 million print (with a handful of forecasts as high as 2 million or just above), Goldman believes that tomorrow's number will be 1.3 million as mass vaccinations and the easing of business restrictions supported rapid job growth in virus-sensitive industries, including leisure and hospitality, retail, and education (public and private). Additionally, Big Data signals generally indicate job gains of 1mn or more in the month. Unemployment Rate: The Fed has signaled that it will con...
Source: zerohedge.com