Our PureVest Weekly Roundup looked at February’s jobs report, which showed solid growth. President Biden unveiled his new proposed $6.8T budget plan. Consumer spending in China has been sluggish since their economy reopened in December; this is important as many larger U.S.-based companies rely on Chinese business. Apple’s annual shareholder meeting is today. Bond yields plunged on Friday on the heels of a list of headlines. Higher interest rates and a low inventory of houses for sale have led to a brutal market for potential buyers. We also added a must-read article… “History says the stock market could rebound in 2023”. Enjoy the light reading, and have a great weekend.
Markets & Economy:
Payrolls rose 311,000 in February, more than expected, showing solid growth
source:www.cnbc.com
Breaking down Biden’s budget: Here’s what’s in it
source:www.thehill.com
Consumer spending in China isn’t surging back yet, companies say
source:www.cnbc.com
Apple Annual Shareholder Meeting: What to Watch
source:www.cnbc.com
Bond Yields Plunge As Traders Rethink Fed Bets, Seek Out Havens
source:www.fa-mag.com
The US housing market is short 6.5 million homes
source:www.cnn.com
History says the stock market could rebound in 2023
source:www.fool.com
Education:
source:www.investopedia.com
When it comes to investing, look ahead instead of in the rearview mirror
source:www.jpmorgan.com