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Macro Briefing: 4 December 2017

Summary:
More N. Korea saber rattling as US-S.Korea war games begin: CNNTreacherous path for Congress for avoiding gov’t shutdown: NY TimesCVS buying Aetna, a deal that could rehsape healthcare industry: USA TodayBIS: “Frothy” markets should be addressed via monetary policy: CNBCISM Mfg Index for US dips in Nov but still reflects strong growth: USA TodayUS construction spending up sharply in Oct, driven by gov’t spending: ReutersPMI survey data points to slower but “robust” US mfg growth in Nov: IHS MarkitGlobal survey PMI data for mfg rises to 80-month high in Nov: IHS Markit

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More N. Korea saber rattling as US-S.Korea war games begin: CNN
Treacherous path for Congress for avoiding gov’t shutdown: NY Times
CVS buying Aetna, a deal that could rehsape healthcare industry: USA Today
BIS: “Frothy” markets should be addressed via monetary policy: CNBC
ISM Mfg Index for US dips in Nov but still reflects strong growth: USA Today
US construction spending up sharply in Oct, driven by gov’t spending: Reuters
PMI survey data points to slower but “robust” US mfg growth in Nov: IHS Markit
Global survey PMI data for mfg rises to 80-month high in Nov: IHS Markit

Macro Briefing: 4 December 2017

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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