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Macro Briefing: 4 December 2018

Summary:
Trump advisers struggle to explain president’s trade deal with China: BloombergOPEC working on plan to cut oil output: ReutersCongress moves to delay threat of a gov’t shutdown: PoliticoFrench gov’t reportedly set to suspend controversial fuel-tax hike: CNBCEU lawyers: UK gov’t can unilaterally halt Brexit process: CNNParts of Treasury yield curve invert: MWGlobal Mfg PMI indicates subdued growth in Nov: IHS MarkitConstruction spending in US slipped for third month in Oct: TTUS Mfg PMI ticks down to moderately firm growth pace in Nov: IHS MarkitUS ISM Mfg Index increased in Nov after touching 5-month low: MW

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Trump advisers struggle to explain president’s trade deal with China: Bloomberg
OPEC working on plan to cut oil output: Reuters
Congress moves to delay threat of a gov’t shutdown: Politico
French gov’t reportedly set to suspend controversial fuel-tax hike: CNBC
EU lawyers: UK gov’t can unilaterally halt Brexit process: CNN
Parts of Treasury yield curve invert: MW
Global Mfg PMI indicates subdued growth in Nov: IHS Markit
Construction spending in US slipped for third month in Oct: TT
US Mfg PMI ticks down to moderately firm growth pace in Nov: IHS Markit
US ISM Mfg Index increased in Nov after touching 5-month low: MW

Macro Briefing: 4 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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