Economic Update 04-12-2021

• Economic data for the week included historical strength in ISM services, coupled with strength in job openings, and an especially strong increase in producer prices.
• U.S. equity markets gained ground last week, outperforming foreign markets, which also showed gains to a lesser degree. Bonds also fared well with interest rates falling back a bit. Commodities were mixed, with agriculture and metals offsetting a pullback in energy prices.

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LSA Connect, April 12, 2021