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Macro Briefing: 8 October 2018

Summary:
Did GOP trade majorities in Congress for a conservative Supreme Court? CNNSenate Majority Leader: opposition to Kavanaugh is ‘gift’ for GOP: WaPoUS Sec of State cited “fundamental disagreement” with China: BBGN. Korea ready to allow inspections of its missile, nuclear sites: ReutersKhashoggi case is a crisis for US-Saudi ties: WaPoUN climate report: high risk of crisis from climate change by 2040: NY TimesTropical Storm Michael may hit Florida’s Gulf Coast as hurricane: CBSChina’s central bank rolls out stimulus to shore up economy: SCMPFar-right candidate wins first round of Brazil’s presidential election: BBCUS job growth cooled in Sep as unemployment rate fell to 3.7%: Reuters10yr Treasury yield spiked to 3.23% last week, highest since 2011:

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Did GOP trade majorities in Congress for a conservative Supreme Court? CNN
Senate Majority Leader: opposition to Kavanaugh is ‘gift’ for GOP: WaPo
US Sec of State cited “fundamental disagreement” with China: BBG
N. Korea ready to allow inspections of its missile, nuclear sites: Reuters
Khashoggi case is a crisis for US-Saudi ties: WaPo
UN climate report: high risk of crisis from climate change by 2040: NY Times
Tropical Storm Michael may hit Florida’s Gulf Coast as hurricane: CBS
China’s central bank rolls out stimulus to shore up economy: SCMP
Far-right candidate wins first round of Brazil’s presidential election: BBC
US job growth cooled in Sep as unemployment rate fell to 3.7%: Reuters
10yr Treasury yield spiked to 3.23% last week, highest since 2011:

Macro Briefing: 8 October 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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