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.
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.