The Monday Mix: Dec. 4 – 10, 2017
Headlines discussed at LNWM’s Monday briefing:
— Strong US job growth in Nov. plus moderate rise in wages (2.5%) make Dec. interest rate increase likely.
— Negotiations for Britain to exit the European Union progressed, allowing move into technical phase.
— Emerging markets are down 5% since Nov. high on drop in tech (28% of Emerging Markets Index).
— Japan’s economy grew twice as fast as expected in 3rd quarter, due to business spending and exports.
— Bitcoin futures will begin trading on the CBOE Dec. 10, amid fears of iffy pricing and systemic risks.
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