Macro Briefing: 16 March 2021

* Variant risk for virus is still lurking for the US
* Europe’s suspension of AstraZeneca shots disrupts vaccinations plans
* ECB aims to keep yields from rising until economy is stronger
* Southwest border becoming a crisis for Biden due to surge in migrants
* N. Korea issues warning over US-S. Korea military exercises
* Markets focused on this week’s Fed meeting
* The pandemic triggered a housing boom that’s different from the last one
* Facebook to pay for news content in Australia
* NY Fed Mfg Index (current reading) rises to two-year high
* US economic recovery on track to outperform Europe’s rebound:

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