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Macro Briefing: 11 June 2018

Summary:
Trump attacks key US allies on trade: BBCTrump says Tuesday’s US-N. Korea summit could “work out very nicely”: ReutersGermany’s Merkel: EU will respond to US tariffs: ReutersEconomists expect Fed to continue gradual rate hikes: BloombergUpcoming OPEC meeting may be contentious amid calls for higher output: OilPriceUS wholesale inventories tick higher in April: ReutersSmall-cap stocks (Russell 2000) continue to beat large caps (S&P 500) in 2018:

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Trump attacks key US allies on trade: BBC
Trump says Tuesday’s US-N. Korea summit could “work out very nicely”: Reuters
Germany’s Merkel: EU will respond to US tariffs: Reuters
Economists expect Fed to continue gradual rate hikes: Bloomberg
Upcoming OPEC meeting may be contentious amid calls for higher output: OilPrice
US wholesale inventories tick higher in April: Reuters
Small-cap stocks (Russell 2000) continue to beat large caps (S&P 500) in 2018:

Macro Briefing: 11 June 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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