The Monday Mix: June 3 – 9, 2019

Headlines discussed at LNWM’s Monday morning briefing:

The US economy added just 75,000 jobs in May vs. 175,000 expected; wage growth remained around 3% annualized.
US stocks had their best week of 2019 as the disappointing jobs report for May fueled hopes that the Fed will cut interest rates.
New US tariffs on goods from Mexico were suspended from going into effect today, to the relief of many US businesses.
The US gave Chinese exporters two more weeks to get their products into the US before new China tariffs go into effect.
The yield on US 10-Year Treasury bonds dropped below 2.06%, its lowest level since September 2017.

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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.