hand holding a coffee cup and newspaper

The Monday Mix: April 12 – 18, 2021

Headlines discussed at LNWM’s Monday morning briefing:

US homebuilding in March hit a 15-year-high — 1.7 million new units — highest since June 2006, with existing houses for sale are at record lows.

US consumer prices rose 0.6% in March vs. Feb., more than expected, mostly due to higher gas and food prices.

US retail sales hit a record high in March, up 17% higher than pre-pandemic levels, after dropping 3% in Feb.

China‚Äôs GDP for 1st quarter 2021 rose only 0.6% vs. previous quarter, among the decade’s smallest rise; but GDP was up 18% from same time last year when Covid-19 was raging.

S&P 500 earnings are forecast to rise 30% for Q1 2021 (led by financials) and 54% for Q2 2021, vs. same quarters of 2020.

Disclaimer: Clicking on any of the above links will take you away from the Laird Norton Wealth Management web page and to the source page. While we believe the information in these articles is relevant, we cannot guarantee its accuracy or completeness.