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Macro Briefing: 12 March 2019

Summary:
US pulling remaining staff from its embassy in Venezuela: APWhite House budget proposal is released and is likely DOA: The HillUS small-business owners less optimistic about business conditions: GallupUK’s prime minister secures new EU concessions ahead of Brexit vote: WSJUK economic growth rebounded in Jan after weak Dec: ReutersTurkey slips into recession for first time in a decade: BloombergUS business inventories rose in Dec as sales dropped the most in 3 years: ReutersUS retail sales rebounded in Jan; Dec’s big loss is revised down even further: CNBCUS core CPI expected to more or less hold steady at 2.1% (s.a.) annual pace in Feb:

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US pulling remaining staff from its embassy in Venezuela: AP
White House budget proposal is released and is likely DOA: The Hill
US small-business owners less optimistic about business conditions: Gallup
UK’s prime minister secures new EU concessions ahead of Brexit vote: WSJ
UK economic growth rebounded in Jan after weak Dec: Reuters
Turkey slips into recession for first time in a decade: Bloomberg
US business inventories rose in Dec as sales dropped the most in 3 years: Reuters
US retail sales rebounded in Jan; Dec’s big loss is revised down even further: CNBC
US core CPI expected to more or less hold steady at 2.1% (s.a.) annual pace in Feb:

Macro Briefing: 12 March 2019

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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