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The Monday Mix: Nov. 23 – Dec. 1, 2019

Headlines discussed at LNWM’s Monday morning briefing:

The US passed legislation backing Hong Kong pro-democracy protests, potentially threatening US-China Phase I trade deal by year-end.
US GDP growth for 3rd quarter 2019 was revised upward to 2.1%, but still significantly below 3.1% GDP growth for 1st quarter 2019.
US consumer spending rose again in October (the 8th straight month), but Oct. take-home pay fell for the 1st time since 2015.
India’s GDP growth for 3rd quarter 2019 sank to 4.5%, down from 7% for the year-earlier period and 9% in 2016.
German unemployment fell in November, on higher manufacturing and stabilizing exports, reducing prospect of monetary stimulus.

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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.