The Monday Mix: March 1 – 7, 2021

hand holding a coffee cup and newspaper

Headlines discussed at LNWM’s Monday morning briefing:

The US economy added 379,000 jobs in Feb., the most in four months, as hiring picked up on Covid-19 vaccinations and reopening.

— US manufacturing expanded again in Feb., the 9th straight month of growth, as virtually all sub-sectors showed improvement.

US mortgage application demand recently stalled as the 30-year rate surged past 3.2%, the highest level since July.

OPEC+ maintained lower production quotas, causing oil prices to rise further on brighter economic outlook. 

The US and EU suspended tariffs in an effort to resolve the Boeing-Airbus subsidy dispute.

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