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NMHC: Rent Payment Tracker Shows Households Paying Rent Increased 1.9% YoY in Early April

From the NMHC: NMHC Rent Payment Tracker Finds 79.8 Percent of Apartment Households Paid Rent as of April 6 The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.8 percent of apartment households made a full or partial rent payment by April 6 in its survey of 11.6 million units of professionally managed apartment units across the country. This marks one year of tracking rent payment data following the onset of the pandemic.This is a 1.9 percentage point increase from the share who paid rent through April 6, 2020 and compares... -Calculated Risk

Big Tech Continues To Lead Market Higher, The Case For Gold Now

Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber list. Each email from AWeber has a link at the bottom to “Unsubscribe” making it easy to do so should you no longer wish to receive the emails. Wowza, what a chart on $FB…Been consolidating since late August, but printed two strong bounces off key levels around ~250 and held the rising 200-day on the way back up to the top of the range. Movin' up n... -Top Gun Financial Planning

FOMC Minutes: "The path of the federal funds rate and the balance sheet depend on actual progress"

From the Fed: Minutes of the Federal Open Market Committee, March 16-17, 2021. A few excerpts: In their discussion of current conditions, participants noted that the COVID-19 pandemic was causing tremendous human and economic hardship across the United States and around the world. Following a moderation in the pace of the recovery, indicators of economic activity and employment had turned up recently, although the sectors most adversely affected by the pandemic remained weak. Inflation continued to run below 2 percent. Overall financial conditions... -Calculated Risk

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