The Monday Mix: July 9 – 15, 2018

Monday Morning Mix

Headlines discussed at LNWM’s Monday morning briefing:

The US inflation rate jumped to nearly 2.9% in June, the highest level since 2012.
The rally in the US dollar lost momentum on fears trade war will slow economy.
US stocks rebounded to near record levels, on higher earnings mostly due to tax cuts.
Emerging market equities posted gains after 4 weeks of losses as trade tensions eased.
Commodity prices, especially soybeans, dropped on fears of a US-China trade war.

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.

What Does Long Term Mean?

Financial and Business Planning, Investment Management, Trusts and Estates

Long term written on chalkboardIn the financial world, people often talk about the long term: “Long term, we think such and such.” Or “In the long run, this is likely to happen.” But no one really defines what period of time long term refers to. Are they talking about five years? 10 years? More than a year?

Here at LNWM, the work we do for you is focused on making the most of your assets over time to support the life you want. How we define long term is specific and depends on the purpose — investing, financial planning, trusts and estates. Here’s a closer look: … Read More

The Monday Mix: July 2 – 8, 2018

Monday Morning Mix

Headlines discussed at LNWM’s Monday morning briefing:

US and China imposed dueling tariffs on $34 billion in goods, with further escalation possible.
— Strong US job growth (218,000 in June) is attracting discouraged job seekers back into workforce.
The Federal Reserve is concerned about a trade war instigated by the US, per meeting minutes.
A key gauge of US manufacturing activity jumped in June, as industries reacted to potential tariffs.
US oil production is at a record — 10.9 million barrels a day — as oil prices reach $75/barrel.

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.

The Winning Team Spirit of LNWM’s Jeanne Goussev in Race to Alaska

In the Community

That is Jeanne Goussev, 2nd from the left, captain of the eight-women team that won the Race to Alaska on June 25, 2018, finishing first among 43 competing sailboats. We all know Jeanne as Managing Director of Fiduciary Services here at LNWM, leading a team that excels at trust and estate planning for clients and their families. Says Jeanne of this major win by her “Sail Like a Girl” team, average age 41:

”We hope we can inspire others to tackle something that they are afraid of, that challenges them, and to meet the inner warrior that they do not get to spend time with every day.  For me, this was the greatest gift that this epic journey presented. This race was always about something more than winning.”

That is the attitude that Jeanne brings with her every day. She inspires her team at LNWM to do whatever it takes to make sure our clients’ wishes are carried out, not just once but consistently, and especially during times of turmoil and distress.

Jeanne and her sailing team (“Sail Like a Girl”) are donating their first prize ($10,000) net of expenses to the Pink Boat Regatta to benefit the Breast Cancer Research Foundation. Read this article in The Seattle Times about Jeanne and her crew and the 750-mile non-motorized race from Port Townsend, WA to Ketchikan, AK.