
Greenway's Markets in a Minute I How Are Rates Being Impacted?
Now that President Biden is in office, his administration is expected to push to get another large stimulus bill passed, this one speculated to be $1.9 trillion. Stock markets continue to hit new record highs, counting on vaccines and fiscal stimulus to drive economic recovery in 2021. This could pressure rates higher through the year. Jobless claims last week came in at 900,000 for the week, which was slightly better than the prior week's 926,000. Continuing claims came in at 5.05 million for the week. ...
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