Good morning and welcome to the Weekender for Saturday, March 4,2023. US markets, as measured by the S&P 500, gained 1.9% on the week. A strong gain. Despite useful economic and market data from the past week, markets were really interested in next week’s employment data. If labor markets show continued strength, the Fed will be forced into a more aggressive interest rate stance which will handicap fixed income and equity markets for a while.
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