The Monday Mix: June 17 – 23, 2019

Headlines discussed at LNWM’s Monday morning briefing:

US stock and bond markets rallied on possibility of interest rate cuts, to boost slowing economic growth amid low inflation.
A key US manufacturing index fell to its lowest level since 2009 (50.1) and hit 50.6 for US services; under 50 indicates contraction.
US existing-home sales rebounded 2.5% in May vs. April but down 1.1% from a year ago, with inventory up in some major cities.
New claims for US unemployment benefits dropped last week (to 216,000); average claims remain low, despite slight rise for the month.
China said President Xi will attend the G-20 summit in Japan this week, increasing optimism about US-China trade deal.

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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.