Headlines discussed at LNWM’s Monday meeting:
— Republican leadership says US debt ceiling will be raised in Sept., averting government shutdown.
— Gasoline prices rose to a 2-year high as Tropical Storm Harvey hit Gulf Coast refineries.
— Financial regulation since 2008 crisis has strengthened US economy, said Fed Chair Janet Yellen.
— Global economic growth per capita (working-age population) has actually not declined since the 1980s.
— US businesses are boosting spending, despite lower prospects for tax reform in 2017.
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