Headlines discussed at LNWM’s Monday morning briefing:
— The US government partial shutdown continued, with impasse over funding for a border wall with Mexico.
— The S&P 500 is down nearly 10% for Dec., despite finishing the week up amid very high volatility.
— China’ central bank signalled netural monetary policy (not expansive); 2019 growth expected to slow further.
— The yield on 10-Year US Treasury bonds fell to an 8-month low on concerns about slowing economy.
— Oil prices held steady but are near year-and-a-half lows; US now the world’s largest crude oil producer.
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