The Monday Mix: Dec. 30 – Jan. 5, 2020

Headlines discussed at LNWM’s Monday morning briefing:

Geopolitical tensions flared, after the US killed in Iraq a top Iranian commander; oil prices soared; stocks fell.
A key US manufacturing index fell in Dec. to its lowest level since 2009  (47.2 on the PMI); under 50 indicates contraction.
Phase 1 of the US-China trade deal is to be signed Jan. 15; considerable confusion remains about the details.
Safe haven assets and currencies — gold, Treasuries, Swiss franc, US dollar, Japanese yen — rose on geopolitical concerns.
China replaced its top representative in Hong Kong; ongoing protests there are supported by 59% of the population.

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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.