
The Monday Mix: January 21 – 27, 2019
Headlines discussed at LNWM’s Monday morning briefing:
— S&P 500 earnings for 4th qtr. 2018 have been mixed so far (22% companies reporting) but most beat expectations.
— US Treasury new bond issuance will top $1 trillion again in 2019 vs. $550 billion in 2017, to finance rising deficit.
— The US government shutdown cost the economy an estimated $6 billion; re-opening could prove temporary.
— The Federal Reserve is expected to keep its key interest rate steady for now, after 4 rate increases in 2018.
— US crude oil prices rebounded on concerns about crisis in Venezuela, a major oil exporter.
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.