in February from the prior month, matching a Dow Jones estimate. The year-over-year increase of 6% was also in line with expectations.The crisis surrounding Silicon Valley Bank created a historic trading day for the"At a high level, ETFs are used for 1) long-term asset allocation due to their low-cost exposure and tax efficiency as well as 2) the ability to quickly express short-term market views .
"Deposit outflows since the onset of the crisis on Wednesday evening beginning with SVB's announcement of a securities sale and common equity raise have been minimal, if any," the note said.
The Small Business Index, which is based on 10 survey indicators, came in at 90.9 for the month of February. That's higher than the 90 expected by economists polled by Dow Jones. It's also higher than the 90.3 seen in January. Still, the monthly reading was below the 49-year average of 98. This means that while optimism among small business owners is growing, it's still below where it has typically been over the last nearly half-century.
Trump and the GOP’s self-serving deregulation caused the problem, and as always, Biden and the Dems clean up their financial mess.
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