The Monday Morning Mix: March 22 – 28, 2021
Headlines discussed at LNWM’s Monday morning briefing:
— US weekly jobless claims fell to 684,000, the lowest since the pandemic began; 19 million Americans still on unemployment.
— Some $62 billion flowed into US money market funds in the latest week, the highest level since April 2020.
— The Eurozone is facing Covid-19 vaccine shortages (has exported millions of doses) amid stubbornly high infection rates.
— The Federal Reserve has begun asking large financial institutions to assess the impact of climate change on operations.
— The US is looking to raise tariffs on countries levying new taxes on Google, Amazon, Facebook and other Internet giants.
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