Headlines discussed at LNWM’s Monday morning meeting:
— The US dollar hit a 7-month high on likelihood Fed will raise interest rates this December.
— 2.05 million Americans are collecting unemployment (latest monthly avg.), lowest level since July 2000.
— US permits for new housing construction jumped 6% in Sept., highest level since Nov. 2015.
— About 75% of industrial capacity in the US is in use vs. long-term average of 80%.
— Eurozone gov’t bond yields slid lower, amid concern European Central Bank would not extend stimulus.
Disclaimer: Clicking on any of the above links will take you away from the Laird Norton Wealth Management web page and to the source page. While we believe the information in these articles is relevant, we cannot guarantee its accuracy or completeness.