Headlines discussed at LNWM’s Monday morning briefing:
— U.S. corporate profits fell by 1.4% in fourth-quarter 2014, mainly due to declines in foreign operations.
— Japanese consumer prices finished February flat from a year ago, indicating that massive quantitative easing has failed to improve demand.
— Foreign companies in China will get better market access and stronger protections, said China’s Premier.
— The U.S. oil rig count fell by 12 last week, to 813 total, the smallest weekly drop in more than 3 months.
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