Headlines Discussed at LNWM’s Monday Morning Briefing:

• U.S. GDP increased 2.6% in fourth-quarter 2013, driven by consumer spending, exports and non-residential investments. For all of 2013, GDP growth was 1.9%, down from 2.8% in 2012.
• U.S. corporate profits set a new record high in 2013: $1.68 trillion (after-tax).
• The Chinese government will roll out new measures to spur economic growth, said China’s Premier.
• IRS announced that bitcoins are to be taxed as property, rather than as a currency.

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.