Local stocks shaken, not stirred

SUPPORTIVE developments on the US-China trade and US Fed policy fronts gave markets some cheer last week, but a recovery is still a work in progress.

This week, dimmer corporate earnings growth may add a dash of unwanted spice to an already heady cocktail.

Q4 earnings season takes place in the US, starting with major banks this week. In light of corporates like tech stalwart Apple and retail giant Macy's lowering guidance for the quarter, analysts say banking stocks may also be put to the test.

What's also important to watch during the earnings season is CEOs' outlook for 2019, which will drive marke…