The Monday Mix: Feb. 3 – 9, 2020

Headlines discussed at LNWM’s Monday morning briefing:

The US economy added a stronger than expected 225,000 in January, as warmer winter weather helped with hiring.

The Federal Reserve said risks to the US economy are easing, but called out the coronavirus as a threat.

A key index for US manufacturing activity moved into expansion mode in Jan, hitting 50.9 in Jan. vs. 47.8 in Dec.

China said it would halve tariffs on 1,700 US imported products, as part of Phase 1 of the US-China trade agreement.

US mortgage rates have dropped to lowest level since Oct. 2016 — 3.45% on 30-year, 2.97% on 15-year loans — providing support to real estate market.

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