Ep. 187 | What Happened to the ADP Report?

SUMMARY: Jobless rose unexpectedly for the week, the ADP report is nowhere to be found, Mortgage rates see the biggest drop since 2008, and Jonathan Levin argues that housing could be a problem for the Fed’s rate decisions at the end of the summer…

Sources:

• Jobs Unexpectedly Rise
• Mortgage Rates See Biggest Drop Since ’08 
• LEVIN: Housing Stands in the Way of a September Fed Pivot