Headlines discussed at LNWM’s Monday morning briefing:
— The S&P 500 Stock Index finished down for July (1st monthly loss since Jan.), just after setting a record high the previous week.
— Inflation in the Eurozone hit its lowest level in nearly 5 years (0.4% annualized), fueling fears of deflation.
— Argentina defaulted on its sovereign debt for the second time in 13 years.
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