President Donald Trump will address a joint session of Congress on Tuesday, March 4, marking his first such address since his reelection. The address comes amidst various economic news and events.
Tariffs imposed against products from Canada and Mexico are set to take effect on the same day, while existing tariffs on goods from China have been doubled. This move is part of Trump’s administration’s efforts to protect American industries.
The latest jobs report for February, scheduled for release on Friday, March 7, may provide insights into emerging weakness in the labor market. Federal Reserve officials will also be making public comments ahead of a blackout period before their March 18-19 meeting.
Market participants are keeping an eye on consumer credit levels, the U.S. trade balance, and factory orders, as well as earnings reports from various companies, including Broadcom, Costco, Target, and more. The address by President Trump is expected to provide an opportunity for him to outline his agenda and highlight early actions by his administration.
Source: https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11687706