
THE MONDAY MIX: May 15 – 21, 2017
Headlines to be discussed at LNWM’s Monday briefing:
— US stock market volatility, unusually low for months, spiked on Trump-Comey revelations.
— Puerto Rico struck a second restructuring deal with its bondholders, who will take substantial discounts.
— US Treasury Secretary indicated no major changes expected in how big US banks currently operate.
— Brazilian stocks plunged as current President also implicated in scandal; worst day since 2008.
— Bitcoin rallied past $1,900, setting a record on its status as a legal payment method in Japan.
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