Headlines discussed at LNWM’s Monday briefing:
— The euro (+14% vs. dollar in 2017) could affect European Central Bank’s decision to prolong stimulus.
— Congress raised the federal debt ceiling for 3 months, to fund $15.25 billion in Hurricane Harvey aid.
— The credit bureau Equifax said a cybersecurity breach may affect 67% of US adults; stock plummeted.
— Most US securities trades will settle in 2 business days (vs. 3), under the SEC’s new T+2 rule.
— Week of natural disasters finished with Tropical Storm Irma doing less US damage than expected.
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