Headlines discussed at LNWM’s Monday meeting:
— The US Senate adopted a 2018 budget resolution, allowing Trump tax reform proposal to proceed.
— US unemployment claims fell to 222,000 (for week ended Oct. 14), the lowest level since March 1973.
— The Bank of England said an interest rate increase is likely soon as Brexit pushes up rate of inflation.
— The new head of General Electric slashed earnings forecast and announced major job cuts.
— Saudi Arabia is considering shelving its IPO for Aramco, the state-owned oil company.
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.