HD - U.S. Financial Balances Rise $319 Billion Pointing To Better Markets In March
2024-03-10 12:09:40 ET
Summary
- Private sector recorded a surplus of $319B in February 2024, leading to growth in asset markets.
- Federal government injected $309B into the private sector, while $67B flowed out to foreign bank accounts.
- Fiscal impulse is rising, pointing to a positive 2024 for most of the year, despite short-term predictions of market decline.
This article talks about how money moved around in different parts of the US in February 2024 and how it could impact the markets in March 2024. This is important because when the amount of money going into the economy changes, it takes about a month before it affects the stock market and other types of investments. This can help figure out how investments will do in the future. Other large money movements can indicate what might occur in several months or years....
U.S. Financial Balances Rise $319 Billion, Pointing To Better Markets In March