Headlines discussed at LNWM’s Monday morning briefing:
— The US inflation rate jumped to nearly 2.9% in June, the highest level since 2012.
— The rally in the US dollar lost momentum on fears trade war will slow economy.
— US stocks rebounded to near record levels, on higher earnings mostly due to tax cuts.
— Emerging market equities posted gains after 4 weeks of losses as trade tensions eased.
— Commodity prices, especially soybeans, dropped on fears of a US-China trade war.
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.