โ ViewAdvancedInternational Economics โบ Emerging Markets
Brazil Services PMI Returns to Expansion at 51.0 as High Selic Rate Drives Foreign Capital Inflows
Brazil's services sector expanded in August with the S&P Global Services PMI rising to 51.0, snapping a brief contraction. Supported by a benchmark Selic rate near 14% and a stronger currency, the nation's resilient service economy highlights how Latin America's largest market is navigating restrictive credit conditions.
2mยท๐ 0
โ ExplanationAdvancedMacroeconomics โบ Economic Indicators & Data
Why the PMI Matters โ How Purchasing Managers Predict Economic Turns
Why the PMI matters: how purchasing managers predict economic turns, the 50 baseline, Manufacturing vs. Services PMI, and sub-indices to watch.
2mยท๐ 0
โ ViewUnderstandingPersonal Finance โบ Real Estate & Housing
You Do Not Need 20% Down to Buy a Home โ How Down Payments Actually Work
Why you do not need 20% down: conventional loans at 3%, FHA at 3.5%, VA at 0%, PMI math, and the hidden cost of waiting to save.
2mยท๐ 0