Hey Basis Pointers, here's today's housing, banking, fintech quick hits.
Today we've got an
April BLS jobs report preview ahead of tomorrow, which includes some interesting BofA research on gig worker incomes dropping. ADP April job growth of +296k strongly beat expectations of +135k, and BLS expectations call for +178k.
Also, here's a quick reference recap of
10 Fed hikes in last 14 months totaling 5%.
After yesterday's Fed meeting, we got an updated
2023 update rate and recession outlook from bond king Jeff Gundlach.
And the latest
1Q23 homeownership rates show trends by age and race.
Finally, for our fintech friends, hot San Francisco startup
Finix is going after Stripe on payment processing.
But the market
selling hot startups is cold right now. This chart says it all.
Enjoy the day, and please reach out with your housing, banking, fintech takes today...
Julian