The Monday Mix: September 9 – 15, 2019

Headlines discussed at LNWM’s Monday morning briefing:

Oil prices jumped about 10% as drone attacks on Saudi plants hit 5% of world’s oil supply, with half that expected to be restored this week.
US retail sales are up for six straight months (through August), longest stretch since June 2017, on healthy job market and personal savings.
The European Central Bank cut interest rates further below zero (to -0.5%) and will buy $20 billion/month in bonds, to revive Eurozone growth.
China said it will exempt 16 types of US goods from import tariffs (out of 5,000 affected), ahead of trade talks with US slated for October.
US Treasury bond yields rose the most since Nov. 2016, on optimism about economy; Fed expected to cut rates 25 basis points this week.

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