Headlines to be discussed at LNWM’s Monday briefing:

— The European Central Bank is maintaining low interest rates; despite that, euro hit new high vs. dollar.
— The Bank of Japan is also maintaining stimulus and low-rate policy, targeting 2% inflation by 2020.
— The deliquency rate on US auto-loans is approaching 4%, a post-crisis high.
— US is likely to take moderate stance in North American Free Trade Agreement (NAFTA) negotiations.
— China’s economy grew 6.9% in the second quarter; government is focusing on limiting financial risk.

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.