* Biden ordered missile strike on Iran-backed militia groups in Syria* Proposal for federal minimum wage proposal hits roadblock in Senate ruling* Today’s consumer spending report for January expected to show solid growth* 10-year Treasury yield briefly topped 1.6% on Thursday–highest in over a year* Inflation will remain contained, predicts Pimco’s chief investment officer* US GDP growth revised up slightly to 4.1% for Q4* Durable goods orders for US rose sharply in January — +3.4%* US economic growth revised up via Philly Fed’s ADS Index* US jobless claims fell sharply last week but remain unusually high:
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James Picerno writes The ETF Portfolio Strategist: 18 April 2021
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James Picerno writes US Q1 GDP Estimate Revised Up After Upbeat Economic Reports
* Biden ordered missile strike on Iran-backed militia groups in Syria
* Proposal for federal minimum wage proposal hits roadblock in Senate ruling
* Today’s consumer spending report for January expected to show solid growth
* 10-year Treasury yield briefly topped 1.6% on Thursday–highest in over a year
* Inflation will remain contained, predicts Pimco’s chief investment officer
* US GDP growth revised up slightly to 4.1% for Q4
* Durable goods orders for US rose sharply in January — +3.4%
* US economic growth revised up via Philly Fed’s ADS Index
* US jobless claims fell sharply last week but remain unusually high: