Headlines discussed at LNWM’s Monday morning briefing:

— The US added 196,000 new jobs in March, with healthcare and tech/pro services leading the way; wages gained 3.2% from a year ago.
— The S&P 500 rose 2% last week and is 1.5% from its all-time high, on optimism about US-China trade deal and US labor market.
— Hedge funds are mostly sitting out the rally in stocks, indicating concern about a slowdown in the US economy and corporate earnings.
— Herman Cain could be nominated to the board of the Federal Reserve; in 2010, Cain proposed the US return to the gold standard.
— London markets edged higher despite Brexit uncertainty, on the near-term possibility of a new U.S.-China trade accord.

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.