The Monday Mix: April 29 – May 5, 2019

Headlines discussed at LNWM’s Monday morning briefing:

US job growth was strong in April, with 263,000 new jobs added and moderate wage gains (3.2% annualized); stocks hit all-time highs.
The productivity of US workers jumped 3.6% in 1st quarter 2019; now at 2.4% for the past 12 months, after averaging just 1.3% since 2007.
Housing prices in 20 major US cities rose just 3%, on average, for the 12 months ended Feb. 2019; slowest annual increase since 2012.
UK factory exports tumbled in April, although still in expansion mode; concerned about a chaotic Brexit, buyers are looking elsewhere.
— Growth in Asian economies is likely to stay relatively high in 2019 — 5.7% on average — despite headwinds, per the Asian Development Bank.

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Stan Poltavets
Stan Poltavets
Stan, an investment associate at Laird Norton Wealth Management, specializes in ESG strategies and sustainable investing. He enjoys researching new ways that clients can invest in line with their values.