The Monday Mix: April 15 – 21, 2019
Headlines discussed at LNWM’s Monday morning briefing:
— US construction starts for new housing slipped in March and are down 9.7% so far in 2019, as builders turn cautious.
— US retail sales surged 1.6% in March, the biggest gain since Sept. 2017, indicating underlying strength in economy.
— The US-China trade could significantly increase access to Chinese markets for US companies, deliver more than expected.
— British companies plan to stockpile inventories for possible no-deal Brexit ahead of Christmas.
— The Federal Reserve is unlikely to lower interest rates in 2019, given current market data on US economy.
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