Stocks closed higher at the end of a choppy trading day after the Labor Department's February jobs report exceeded expectations, reaffirming the building momentum in the economic recovery, but also stoking a rise in Treasury yields and concerns over an economic overheating."
Inflation has been a worry for markets, since rising inflation could crush margins and corrode earnings power. For bond investors, it would erode value and make interest payments worth less.
Some investors have worried that the massive stimulus passed by Congress – with another $1.9 trillion stimulus package currently up for debate in the Senate - could actually force the recovery ahead too quickly and compound the current price surge situation.
Now let's go Beyond the Trade: How to Properly Set Trading Goals for Yourself When you first started trading, did you trade just to trade? Or did you have an end goal set in place? There's a popular saying that "not planning is planning to fail". In this video, I'll go over what it's like to reverse engineer a trading goal. Watch now to learn more!
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Friday, March 5, 2021
Stocks squeak out a positive ending to the week
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