
THE MONDAY MIX: April 4 – 10, 2016
Headlines discussed at LNWM’s Monday morning briefing:
— Oil prices rallied on lower US output and April 17 meeting of global oil producers to negotiate output.
— UK economic growth is expected to stall in 1st quarter 2016 (to 0.4%), ahead of June 23 “Brexit” vote.
— New US government rules will make it harder for companies to re-incorporate abroad to avoid taxes.
— Gold prices had biggest quarterly gain in 30 years, on slow growth and currency devaluation concerns.
— Weekly US jobless claims have been below 300,000 for 57 weeks, the longest such stretch since 1973.
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