The Monday Mix: April 3 – 9, 2023

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Top-of-mind economic news as we start the week:

The US economy added 236,000 jobs in March, the lowest level since Dec. 2020, a sign of still-strong but slowing job creation.

— US bank lending dropped by $105 billion in the 2nd half of March, the most on record, with pullback on all types of loans, especially at smaller banks.

US commercial real estate prices are down 15% from a year ago, led by office properties, per the Green Street index.

March’s banking turmoil gave short sellers their biggest profits since the 2008 financial crisis: $7 billion

The European Central Bank (ECB) reported a 18% drop in carbon missions 2018-2022 by companies in the ECB’s bond portfolio, per climate disclosures.

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