Headlines discussed at LNWM’s Monday morning meeting:
— The US will levy high tariffs on steel and aluminum imports; threat of trade war drove stocks lower.
— US and China are in talks to avoid a trade war by boosting US exports, per Treasury Secretary Mnuchin.
— The new Federal Reserve Chair signaled US economy is strong enough to handle higher interest rates.
— Funds that bet on stock market volatility are being scrutinized by regulators for misconduct.
— The Bank of Japan indicated it is ready to consider an exit strategy from its ulta-easy monetary policy.
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