Headlines discussed at LNWM’s Monday morning briefing:
— Energy ETFs experienced record-high inflows in December even as oil prices fell 22%.
— U.S. Dollar ended 2014 up ~13% against other major currencies on expectations of higher interest rates.
— Foreign investment in Japanese stocks fell more than 90% in 2014 from 2013 levels.
— Brazil aims to bolster finances in part by reducing pension and jobless benefits, saving $6.7b/year.
— Chinese manufacturing fell to its lowest level in 18 months, suggesting central bank will continue easing.
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.