Headlines to be discussed at LNWM’s Monday briefing:
— The Fed is conflicted about whether to move interest rates higher, given low inflation.
— The US economy added an impressive 220,000 new jobs in June; wage growth holding at 2.5% annually.
— At G-20 Summit, the US resisted consensus on free and fair trade and climate change.
— For each job opening in April, there were 1.17 unemployed job seekers, 2nd tightest ratio since 2000.
— Productivity growth in the US has averaged 1% since 2005, half the level during 1990-2004.
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.