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March 5, 2021

In this week’s update, CIO Tom Weary, CFA®️, discusses the spike in consumer spending and savings due to January’s government stimulus checks. He also provides updates on the manufacturing and service sectors before going over rising interest rates, fears of looming inflation, and news on the labor market. Lastly, Tom shares earnings reports from Target Corporation, Dentsply Sirona, Ross Stores, and Broadcom Inc. as well as news on an upcoming rebalance for RFA portfolios.

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    This week, CIO Tom Weary, CFA®️, kicks things off by sharing encouraging updates on the pandemic and our economy. He also discusses Amazon’s wildly impressive Q4 earnings as well as reports from Alphabet Inc. (Google), Sony Corporation, PayPal, and several healthcare companies (including three CEO shakeups). Last but not least, Tom explains RFA’s most recent purchase in its Core Portfolio: Ford Motor Company.

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