Headlines discussed at LNWM’s Monday meeting:

— A tax reform bill narrowly passed the US House of Representatives, with 13 Republicans voting no.
— US new housing starts rose 13.7% in Oct., highest level in a year, on hurricane rebuilding in the South.
— Japan’s economy has grown for 7 quarters in a row (through Sept.), the longest expansion since 2001.
— India’s government debt was upgraded by Moody’s (to Baa2) but remains less than investment-grade.
— Russia agreed to restructure $3.15 billion of debt owed to it by Venezuela, on very favorable terms.

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.