Headlines discussed at LNWM’s Monday morning briefing:
— US Treasury Secretary expects Congress to pass tax overhaul by Aug. 2017 recess.
— Sales of existing US homes surged to 10-year high in January, up 3.3% from a year ago.
— As US stocks again hit new highs, Goldman Sachs warned markets are reflecting maximum optimism.
— Yields on US Treasuries indicate market is skeptical that Fed will raise interest rates soon.
— US oil drilling rig count rose along with supply, sending oil prices slightly lower toward end of week.
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