
The Monday Mix: June 19 – 25, 2017
Headlines to be discussed at LNWM’s Monday meeting:
— LIBOR, the benchmark rate for short-term loans, is being replaced with other gauges.
— The largest banks in the US cleared the Federal Reserve’s financial stress tests.
— Mainland China stocks will be added to the MSCI stock indices next year — first time ever.
— 18 out of 20 state-owned firms in China are inflating sales and profits, per recent audit.
— Senate Republicans may not have enough votes to pass overhaul of Obamacare.
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