Headlines discussed at LNWM’s Monday morning briefing:
— Disappointing quarterly earnings caused U.S. stocks to fall for the 4th straight day on Friday.
— Gold hit its longest daily losing streak since 1996, falling for 10 days in a row.
— Investors moved $6 billion into European equity funds this past week, as Grexit fears subsided.
— U.S. weekly jobless claims hit the lowest level since 1973, signaling economic health.
— The Fed accidentally leaked its projections: 0.35% rate hike in Q4, muted inflation, slower growth.
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