Top-of-mind headlines as we start the week:
— The US economy added only 210,000 jobs in Nov. vs. 573,000 expected, with retail, leisure and hospitability the weakest sectors.
— Orders from US factories rose 1% in October, driven by 2% surge in non-durable goods vs. slight drop in orders for durable goods.
— Corporate insiders and CEOs have sold 30% more stock so far this year vs. 2020, totaling some $69 billion.
— Total assets in sustainable investing strategies could quadruple by 2030, to around $30 trillion, per Broadridge Financial Solutions.
— The IMF urged G20 lenders to restructure the debt of poor developing nations, 60% of which are estimated to be in debt distress.
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.