The Monday Mix: July 31 – Aug. 6, 2017
Headlines discussed at LNWM’s Monday briefing:
— US unemployment fell to a 16-year-low in July (4.3%), as 209,000 new jobs were added to payrolls.
— Treasury yields rose on possibility that Federal Reserve could raise interest rates once more in 2017.
— The US trade deficit fell to an 8-month low in June; highest level of exports since 2014.
— Congress will likely have to choose between Obamacare repeal and tax reform after August recess.
— Former General John Kelly became the new Chief of Staff at the White House, in effort to restore order.
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.