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Macro Briefing: 13 May 2019

Summary:
China says it will ‘never surrender to external pressure’ in trade talks: ReutersThe US-China trade battle will last decades: NY TimesWhite House economic adviser: ‘both sides will suffer’ in US-China trade war: CNBCExperts outline several ways China could retaliate to US tariffs: CNBCSaudi Arabian oil tankers attacked in Persian Gulf: ReutersUS job growth for smallest firms falls to 8-year low due to tight labor mkt: WSJUS consumer inflation’s 1yr trend remains stable at roughly 2% in April:

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China says it will ‘never surrender to external pressure’ in trade talks: Reuters
The US-China trade battle will last decades: NY Times
White House economic adviser: ‘both sides will suffer’ in US-China trade war: CNBC
Experts outline several ways China could retaliate to US tariffs: CNBC
Saudi Arabian oil tankers attacked in Persian Gulf: Reuters
US job growth for smallest firms falls to 8-year low due to tight labor mkt: WSJ
US consumer inflation’s 1yr trend remains stable at roughly 2% in April:

Macro Briefing: 13 May 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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