Headlines discussed at LNWM’s Monday morning briefing:

— The European Central Bank announced 20 billion euro/month of more stimulus, and other measures.
— The S&P 500 is up 10% in past four weeks, providing support for further U.S. interest rate increases.
— Chinese exports were down 25% in Feb. from year-earlier period, the biggest drop in nearly 7 years.
— Oil prices climbed past $40 (3-month high), helping lift commodities and Emerging Market equities.
— Japan’s central bank is expected to lower GDP forecast to +1.3% (from +1.5%), for coming year.

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