The Monday Mix: May 14 – 20, 2018
Headlines discussed at LNWM’s Monday morning briefing:
— Rising interest rates in the US and trade tensions with China are weighing on US equities.
— Negotiations on NAFTA (North American Free Trade Agreement) have stalled, causing concern.
— The yield on 10-year US Treasury bonds hit a 7-year high (3.05%), prompting short sellers to pull back.
— Eurozone stocks got a lift from weaker euro and higher oil prices; now up 8 weeks in a row.
— The 2018 trend for US dollar is lower, despite recent strength, some bond fund managers think.
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