
The Monday Mix: Aug. 4 – 10, 2014
Headlines discussed at LNWM’s Monday morning briefing:
— The U.S. launched military attacks against Islamic militants in Iraq to protect civilian populations.
— Growth in continental European growth stalled, as Italy slipped into its third recession in five years.
— The yield on 10-year German-government bonds hit a record low (1.07%), as the European Central Bank maintained what in effect are “negative” interest rates.
— Russia banned food imports from the U.S. and the European Union in retaliation for economic sanctions.
— Launched in 2004, Europe’s Rosetta spacecraft orbited a comet 250 million miles from earth — a first.
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