Headlines discussed at LNWM’s Monday morning briefing:

— US and China imposed dueling tariffs on $34 billion in goods, with further escalation possible.
— Strong US job growth (218,000 in June) is attracting discouraged job seekers back into workforce.
— The Federal Reserve is concerned about a trade war instigated by the US, per meeting minutes.
— A key gauge of US manufacturing activity jumped in June, as industries reacted to potential tariffs.
— US oil production is at a record — 10.9 million barrels a day — as oil prices reach $75/barrel.

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.