Headlines discussed at LNWM’s Monday morning briefing:
— The Federal Reserve raised interest rates; projected three more increases in 2017.
— The European Central Bank warned of crisis in 2017, on Eurozone elections, lack of reform.
— The US dollar hit a 13-year high, nearing parity with the euro; further strength anticipated.
— China’s economy is expected to grow 6.7% in 2017, slightly better than expected.
— Bill Gates is launching a $1 billion clean energy fund; Jeff Bezos, Jack Ma among the backers.
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