Headlines discussed at LNWM’s Monday morning briefing:

— US stocks (S&P 500) finished Q1 2018 down 1.2%, 1st quarterly loss since 2015.
— US consumer confidence index fell from 17-year high — 128 in March vs. 130 in Feb.
— US stock market volatility surged 81% in 1st qtr. 2018 on trade wars, rising rates and tech selloff.
— The final reading for US GDP growth in 4th quarter 2017 was 2.9% (vs. 2.7% expected).
— US infrastructure spending plan will likely be postponed to after 2018 elections, per Trump.

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