Daily Market Commentary

April 15, 2021

Bonds & Stocks
A confluence of three strong positive factors propelled growth in retail sales in March: the latest round of stimulus checks, unwinding from the February freeze and a broader economic reopening.

Economy
Production at U.S. factories increased in March by the most in eight months as manufacturing returned to a path of solid growth following a weather-related setback in February.

World
Many U.S. states and cities have a growing surplus of Covid-19 vaccines, a sign that in some places demand is slowing before a large percentage of the population has been inoculated, according to an analysis by Bloomberg News.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

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