The following are the headlines discussed at Aldwin Callen's Monday morning briefing:
- Unemployment in the United States fell to a 16-year low of 4.3 percent in July, with 209,000 new jobs added to payrolls.
- Treasury yields climbed on speculation that the Federal Reserve will hike interest rates again in 2017.
- The US trade deficit decreased to an 8-month low in June, with exports reaching their best level since 2014.
- Following the August vacation, Congress will almost certainly have to choose between repealing Obamacare and enacting tax reform.
- In an effort to restore order, former General John Kelly was appointed as the White House's new Chief of Staff.
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