03262021 :: Friday finance
A partial digest
It’s day 66 of the Biden-Harris administration.
Two weeks have passed of volatile and/or lukewarm market activity since passage of the last stimulus act, seemingly in spite of moments of falling yields. Additionally, more stimulus 3.0 checks went to those in need, and the wealthiest Americans didn’t get any. Hence, it’s not totally surprising that it wasn’t much of a boon for stocks. It’s worth reiterating, then, that perhaps markets are finally needing fundamentals for fuel, not government checks and empty words. Massive…