The following are the headlines discussed at Aldwin Callen's Monday morning briefing:
- The US government partial shutdown continued, with impasse over funding for a border wall with Mexico.
- Despite finishing the week higher, the S&P 500 is down over 10% for the month of December.
- China’ central bank signaled neutral monetary policy (not expansive); 2019 growth expected to slow further.
- Concerns over a faltering economy drove the yield on 10-year US Treasury bonds to an 8-month low.
- Oil prices held steady but are near year-and-a-half lows; US now the world’s largest crude oil producer.
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