Athen Apaquette

Monday: The ISM came out with their number on the Service Sector. Their reading came in at 59.5, versus last month’s 59.9% – a little bit of a yawner, but also a relief that it didn’t jump, causing more inflation scares.

Friday: The February payroll numbers were strong at 313,000 with the jobless rate staying at 4.1%. Hourly earnings were up 0.1%. All in all, not market moving, and the week ended where it started.

Sometimes a little quiet is good. All eyes will be waiting on the Federal Reserve meeting on 3/20. I expect the next week to be fairly quiet, therefore rates remain the same this week.