Headlines discussed at LNWM’s Monday morning briefing:

— U.S. manufacturing remains in expansion mode — up for the 34th straight month in Sept.
— Just 0.38% of U.S. residential mortgages are in foreclosure, the lowest since 2005.
— Chinese home prices rose for the first time in 14 months, a sign of possible stabilization.
— The European Central Bank stands ready to boost stimulus to support the fragile Eurozone recovery.
— The Bank of Japan held off on further stimulus, despite the country again slipping into recession.

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