The Monday Mix: December 16 – 22, 2019
Headlines discussed at LNWM’s Monday morning briefing:
— US consumer spending rose 0.4% in November, the biggest increase since July; business spending remains relatively weak.
— The British Parliament voted in favor of the EU withdrawal agreement, which requires Brexit to begin Jan. 31 and be done in 2020.
— China said it intends to fulfil its commitment to buy $40 bilion worth of US farm goods annually, per Phase 1 of the trade agreement.
— The British Parliament voted in favor of the EU withdrawal agreement, which requires Brexit to begin Jan. 31 and be done in 2020.
— China said it intends to fulfil its commitment to buy $40 bilion worth of US farm goods annually, per Phase 1 of the trade agreement.
— The US economy grew at a confirmed rate of 2.1% in the third quarter, indicating sustained, moderate expansion.
— US manufacturing production rose more than expected in November (1.1%), mostly due to auto production as GM strike ended.
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.
