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Page 3 - பியூமான்ட் மூலதனம் மேலாண்மை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Retail and Manufacturing Losses, a Dwindling Housing Supply, and the 10-Year UST Yield Hits 1 67%

By: BCM Investment Team February’s retail sales losses were more severe than expected with sectors following a familiar pattern but have still managed to grow year-over-year. Manufacturing also felt the effects of last month’s freezing temperatures and underperformed expectations by over 3%. Housing prices meanwhile continue to soar in a trend that looks primed to continue as supply runs worryingly short. A $1,400 stimulus check may not make much of a dent in a down payment, but is it doing much good in a savings account? The 10-year UST yield hit a fresh 13-month high ahead of the Fed decision which Bank of America called “one of the most critical events for the Fed in some time” this week, inching closer to the 2% yield many fund managers believe could spark a 10%+ correction in equities. And what lies ahead on the international stage as commodities, EM exports, and new waves of Covid all climb higher?

BCM 4Q20 Market Commentary: Looking Back to Move Forward—Seeking Higher Ground in an Imperfect World

By The BCM Investment Team Much will be written about the challenges, difficulties, pain and suffering endured by humanity in 2020. We would like to focus on some of the good that came out of last year’s strife: Our Democracy, while far from perfect, works. While many did not see their preferred candidates win, as always, this is part of Democracy, and Democracy is still the best system of government humans have yet devised. Our society, while far from perfect and through too much tragedy, edged a bit closer to embracing equality in all that the word means. Now we all need to go forth in peace to finally make the words of our founding fathers our creed, our bond…and everyone’s reality.

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