Daily Market Commentary

April 6, 2021

Bonds & Stocks
A burst of strong economic readings -- a mammoth job creation figure Friday and now a report from the Institute for Supply Management showing record growth in service industries -- is fueling bets that expectations for growth, not inflation, will dominate the narrative in Treasuries.

The global economy will expand 6% this year, up from the 5.5% pace estimated in January, the IMF said in its World Economic Outlook published on Tuesday.

U.S. President Joe Biden will announce Tuesday that he wants all American adults to be eligible for a coronavirus vaccine by April 19, two weeks earlier than his previous goal, a White House official said.

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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