Headlines discussed at LNWM’s Monday morning meeting:
— The Federal Reserve sees higher US economic growth in 2018; 3 interest rate increases expected.
— US existing home sales dropped 3.2% in Jan., the 2nd month in a row, as high prices stymied buyers.
— Global trade flows increases by 4.5% in 2017, the fastest level of growth since 2011.
— Brexit negotiations could result in a prolonged stalemate, despite Britain’s goal of 2018 deal.
— China’s Premier is positioning himself to remain in power indefinitely, after his 2nd term ends in 2023.
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