The Monday Mix: April 30 – May 6, 2018

Headlines discussed at LNWM’s Monday morning briefing:
The Federal Reserve did not raise interest rates in April but is expected to in June
Despite robust earnings, US equity returns still mostly flat, as earnings growth priced in.
The stocks of five US tech giants now comprise more than 25% of Nasdaq Index.
US unemployment rate fell to lowest level in 18 years (3.9%), as job growth picked up.
— China and the US remain far apart on trade issues; lack of progress is advantage for China.

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