
THE MONDAY MIX: April 20 – 26, 2015
Headlines discussed at LNWM’s Monday morning briefing:
— U.S. sales of existing homes surged in March, the biggest increase in four years.
— The Nasdaq Composite Index finally hit a new high, 14 years after the tech bubble burst.
— U.S. durable goods orders rose in March, led by aircraft (+34%) and military goods (+17%).
— Cash-strapped Greece ordered municipalities to transfer their cash to the central bank.
— Eurozone bond yields are likely to fall further below zero, on European Central Bank bond purchases.
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