Headlines discussed at LNWM’s Monday morning briefing:
— Europe’s central bank launched a historic monetary stimulus program ($68 billion a month in bond purchases) to revive the region’s sputtering economies.
— Saudi Arabia’s new ruler is expected to maintain the country’s energy policies and current levels of oil production.
— The International Monetary Fund reduced its 2015 global growth forecast to 3.5% (from 3.8%), the steepest drop in three years.
— The Bank of Japan maintained its monetary stimulus, while sharply reducing its 2015 inflation estimate.
— The Japanese workforce is losing about 1 million workers annually, due to aging workers and low immigration levels.
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.