Headlines discussed at LNWM’s Monday morning briefing:
— Single Americans comprise more than half of the U.S. population, for the first time on record.
— U.S. retail sales rose in August at the fastest pace in four months; sales data for previous months were revised upward.
— Borrowing by U.S. consumers jumped by $26 billion in July, the largest monthly gain in 13 years.
— For the first time since 1969, the German government will not need to issue more debt in 2015, due to strong tax revenue and lower debt-financing costs.
— In Japan, producer prices in August rose for the 17th straight month — to 3.9% — on higher energy costs.
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