New episode of The 5 has dropped! 💰 Learn what’s affecting your wallet this week:
1. The FED Chair spoke this week – the initial jobless claims may have risen to 1.45 million last week from 1.42 million, with continuing claims nears 16.2 million.
2.The depth of the US recession is starting to become clear – the US GDP plunged, but some sectors saw massive growth during this time.
3. CEO of Indeed states that job postings are down over 20%, while hospitality, tourism, and leisure is down over 50%.
4. We are seeing a slight softening of the real estate market – third quarter has gotten off to a fast start with new listings being up 11% compared to this time last year.
5. What exactly is Mortgage Insurance and how does it affect you??
Catch up on previous episodes by visiting our YouTube page! 🔗 https://bit.ly/MyriadYouTube