Headlines discussed at LNWM’s Monday morning briefing:
— Corporate earnings and US-China trade talks were main drivers of stock prices, which finished on an up note.
— Stagnant productivity and higher wealth inequality are drags on US economic growth, said Fed Chair Powell.
— Brexit deadline remains March 29, 2019, with UK and Eurozone scrambling to agree on terms.
— US-China trade talks this week will focus on intellectual property; if no trade deal by March 1, new US tariffs kick in.
— US crude oil prices fell 4.6% last week, on fears of another US government shutdown, slowing global growth.
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