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Macro Briefing: 12 April 2018

Summary:
West considers Syria attack, which risks confrontation with Russia: Reuters House Speaker to retire, scrambling GOP plans for mid-term elections: NY Times Consumer inflation’s annual pace ticks up to one-year high: 2.4%: MarketWatch Oil jumps to 3-year high on rising Mideast tensions: MarketWatch Fed: trade-war risk outweighs inflation for setting monetary policy: Bloomberg Facebook’s Zuckerberg faced tougher questions on 2nd day of testimony: c|net All Fed policymakers say US economy is strengthening via FOMC minutes: ReutersUS federal deficit widened in first half of fiscal year: WSJ CBO: US federal budget deficit on track to reach nearly 100% of GDP by 2028: CBO Business inflation outlook edges up to 2.3% y-o-y, highest since 2011: Atlanta Fed

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West considers Syria attack, which risks confrontation with Russia: Reuters
House Speaker to retire, scrambling GOP plans for mid-term elections: NY Times
Consumer inflation’s annual pace ticks up to one-year high: 2.4%: MarketWatch
Oil jumps to 3-year high on rising Mideast tensions: MarketWatch
Fed: trade-war risk outweighs inflation for setting monetary policy: Bloomberg
Facebook’s Zuckerberg faced tougher questions on 2nd day of testimony: c|net
All Fed policymakers say US economy is strengthening via FOMC minutes: Reuters
US federal deficit widened in first half of fiscal year: WSJ
CBO: US federal budget deficit on track to reach nearly 100% of GDP by 2028: CBO
Business inflation outlook edges up to 2.3% y-o-y, highest since 2011: Atlanta Fed

Macro Briefing: 12 April 2018

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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