Headlines discussed at LNWM’s Monday morning briefing:
— President Biden signed an executive order to enhance US market competition; 72 directives for more than a dozen gov’t agencies to benefit consumers, workers.
— The yield on 10-year US Treasuries fell to 1.3%; investors may be pricing in slower growth as Federal Reserve intends to cut back on stimulus.
— China is cracking down on its major tech companies to increase market competition and limit use of user data.
— US job openings rose to a record 9.2 million, or one available job for each unemployed worker, despite 5.8% unemployment rate.
Disclaimer: Clicking on any of the above links will take you away from the LNW web page and to the source page. While we believe the information in these articles is relevant, we cannot guarantee its accuracy or completeness.