Headlines to be discussed at LNWM’s Monday briefing:

— U.S. equity markets closed at record highs, signaling optimism about 2nd quarter earnings.
— U.S. industrial output rose for the fifth straight month in June, helped by a rebound in manufacturing.
— German PM Angela Merkel indicated willingness to work with French President to reform the Eurozone.
— China’s economy is expected to grow 6.6% in 2017, as global demand for goods offsets curbs on credit.
— WA State economy grew 3.7% in 2016, 2.5x national avg., with highest concentration of STEM workers.

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