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Macro Briefing: 3 December 2018

Summary:
Trump tweets that China agrees to cut tariffs on US-made cars: BloombergChina says it’s working with US to remove all tariffs: ReutersTrump plans to leave NAFTA before Congress OKs its replacement: NY TimesQatar announces it’s leaving OPEC: CNNEurozone mfg growth slips to weakest pace in more than two years: IHS MarkitEurozone y-o-y inflation slipped to 2.0% in Nov after a near-6yr high: ReutersUK mfg activity ticked up in Nov but sector growth remains ‘subdued’: IHS MarkitChicago PMI popped to 11-month high in November: Chicago PMI10yr-2yr Treasury yield spread falls to 21 basis points — lowest since mid-Sep:

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Trump tweets that China agrees to cut tariffs on US-made cars: Bloomberg
China says it’s working with US to remove all tariffs: Reuters
Trump plans to leave NAFTA before Congress OKs its replacement: NY Times
Qatar announces it’s leaving OPEC: CNN
Eurozone mfg growth slips to weakest pace in more than two years: IHS Markit
Eurozone y-o-y inflation slipped to 2.0% in Nov after a near-6yr high: Reuters
UK mfg activity ticked up in Nov but sector growth remains ‘subdued’: IHS Markit
Chicago PMI popped to 11-month high in November: Chicago PMI
10yr-2yr Treasury yield spread falls to 21 basis points — lowest since mid-Sep:

Macro Briefing: 3 December 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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