
THE MONDAY MIX: Jan. 25 – Feb. 1, 2015
Headlines discussed at LNWM’s Monday morning briefing:
— The U.S. Federal Reserve said it will be patient about instigating interest-rate increases, despite evidence that the nation’s economy has gained strength.
— Orders for U.S. “durable goods” (toasters, cars, computers, etc.) fell a steep 3.4% in Dec., led by drops in airplane purchases.
— Denmark lowered its key short-term interest rate to a negative 0.5% — the third such drop in 10 days.
— Greece’s new government halted the sale of key state-owned utilities and properties, defying its creditors.
— Beijing’s mayor called the city “unliveable” due to the high level of pollution and smog.
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