Headlines Discussed at LNWM’s Monday Morning Briefing
- U.S. household net wealth reached a record high (not adjusted for inflation) of $80.7 trillion.
- European stocks suffered their first weekly loss since January, as Russia threatened to cut off Ukraine’s energy supply.
- China maintained its target of 7.5% GDP growth, despite softer manufacturing data; GPD expanded 7.7% in 2013.
- The Japanese government will regulate and tax Bitcoin transactions as a commodity.
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