
The Monday Mix: Jan. 1 – 7, 2018
— US retail shed 20,000 jobs in Dec., but construction and healthcare were big gainers.
— US stocks hit a new record (Dow 25,000) on optimism about corporate tax cuts and global growth.
— The Fed is open to speeding up interest rate hikes in 2018 if tax cuts rev up economy.
— The European Central Bank cut back on stimulus, sending bond yields higher across the eurozone.
— Major US brokerage firms are stepping away from securities or derivatives linked to the price of bitcoin.
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