Top-of-mind economic headlines as we start the week:
— Sales of new US homes fell in Feb. for 2nd month in a row; 30-year mortgage rate closing in on 5%.
— The US will ship liquified natural gas to the EU to offset 10% of EU gas needs, while Russia continues to supply the other 30%.
— China is shutting down Shanghai, its largest city, for Covid testing; production and shipping to continue.
— Claims for US unemployment benefits dropped to 187,000 for latest week, lowest weekly level since 1969.
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