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The S&P 500 climbed more than 4% in the first 28 trading days of 2021, while long-dated Treasuries lost more than 5%, according to data compiled by Bespoke Investment Group.
Investors put $15 billion into broad/regional non-U.S. ETFs and $2.5 billion into country-specific ETFs since the start of 2021, according to CFRA’s First Bridge data.
Administration officials dismissed the idea that their $1.9 trillion aid plan could push the economy past some notional speed limit, and explain that what they’re trying to provide is more relief than stimulus.