Headlines discussed at LNWM’s Monday morning briefing:

— The US passed legislation backing Hong Kong pro-democracy protests, potentially threatening US-China Phase I trade deal by year-end.
— US GDP growth for 3rd quarter 2019 was revised upward to 2.1%, but still significantly below 3.1% GDP growth for 1st quarter 2019.
— US consumer spending rose again in October (the 8th straight month), but Oct. take-home pay fell for the 1st time since 2015.
— India’s GDP growth for 3rd quarter 2019 sank to 4.5%, down from 7% for the year-earlier period and 9% in 2016.
— German unemployment fell in November, on higher manufacturing and stabilizing exports, reducing prospect of monetary stimulus.

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.