
THE MONDAY MIX: Jan. 25 – 31, 2016
Headlines discussed at LNWM’s Monday morning briefing:
— U.S. GDP growth was just 0.7% in fourth-quarter 2015, down from 2% in 3rd qtr. and 3.9% in 2nd qtr.
— The Fed said 2016 rate increases will be “gradual” and depend on health of U.S. economy.
— The Bank of Japan surprisingly instituted a negative interest rate (below zero) to fight deflation.
— Key foreign oil producers (OPEC, Russia, etc.) might meet to coordinate output, as early as February.
— HSBC will stop funding Chinese purchases of U.S. real estate, as China tries to curb capital outflows.
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