The Monday Mix: March 21 – 27, 2022

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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.

The SEC proposed rules requiring publicly traded companies to disclose their climate-related impacts.

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