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This week on Finance Explained I’ve got 3 major financial headlines for you:
How market performance continues to be bifurcated - with the S&P 500 closing at a new all-time high on Friday, while the Nasdaq continues to trail
The February CPI report - what does it say about how fast prices are rising?
The $1.9 Trillion American Rescue Plan Act of 2021 is officially law now. What happens next?
… and after that, we will take a deep dive into interest rates, since the rapid rise of long-term interest rates is driving broader market performance and inflation concerns.
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For more on the market headlines: https://familyfinancemom.com/market-for-the-week-3-15-2021/
For more on interest rate terms:
APR - https://familyfinancemom.com/glossary/apr/
APY - https://familyfinancemom.com/glossary/apy/
Compound interest - https://familyfinancemom.com/glossary/compound-interest/
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