Headlines discussed at LNWM’s Monday morning briefing:
— US household income rose 5% in 2015, the 1st such increase since 2007, just prior to Great Recession.
— The Eurozone discussed reforms to fend off nationalism and disintegration, at 1st meeting without UK.
— Core US inflation jumped to 2.3% annualized in Aug., supporting Fed interest rate increase by year-end.
— For 80th straight week, new claims for US unemployment were under 300,000, sign of good job market.
— US private lenders (not regulated banks) are funding US commercial real estate deals at record levels.
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