Headlines discussed at LNWM’s Monday morning briefing:
— Equities continue to suffer on global growth concerns; S&P 500 down 11% from Sept. 2018 peak.
— Economic indicators in China and the Eurozone pointed to slowing growth, while US holding steady.
— China, along with US, will not impose more tariffs for the next 90 days, as trade negotiations continue.
— The UK and the Eurozone remain far apart on terms for Brexit slated for March 29, 2019.
— Italy has agreed to run a smaller deficit, moving closer to a budget deal with the Eurozone.
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