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Bad News, Good News.

For lack of a better title.

There was bad news and good news on Monday morning for markets that are on edge amid ongoing signs that the global economy is headed for a downturn and worries that monetary policy is constrained in its capacity to ride to the rescue. The bad news is, Boeing isn't going be doing US stocks any favors today. The shares were crushed in the pre-market as investors fret about best-selling narrow-bodies that appear increasingly prone to falling out of the sky. China and Indonesia grounded all flights of  737 Max jets, raising the specter of a corporate crisis at Boeing. Carriers across the world are reserving judgment for now - for now. The good news is, Chinese equities bounced back sharply after Friday's horrendous losses, a notable development considering February's muted credit growth data out over the weekend. Yi Gang's Sunday remarks that small businesses are set to receive more support from the government (effectively reinforcing a policy priority) appear to have juiced the ChiNext, which had one of its best days this year, surging 4.4% to start the new week. Monday was the third session this year that the gauge of small caps and tech shares has rallied 4% or more in a single
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