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Macro Briefing: 16 May 2019

Summary:
GOP lawmakers raise questions on Trump’s Iran policy: The HillAlabama passes law criminalizing nearly all abortions: CBSTrump bans US firms from using tech gear from China’s Huawei: CNNUS suspends all flights to Venezuela: FoxTrump delays new tariffs on US car imports: WSJTrump’s tariffs are expected to modestly boost US inflation: WSJUS retail spending unexpectedly fell in April: BloombergGDPNow Q2 growth estimate for US slips to sluggish 1.1% increase: Atlanta FedHome builder sentiment in US rises to 7-month high for May: MWNY Fed Mfg Index rebounds to 6-month high in May: NY FedBusiness inflation expectations tick up to 2.0% for May: Atlanta FedUS industrial output’s 1-year change slows to weak 0.9% increase in April:

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GOP lawmakers raise questions on Trump’s Iran policy: The Hill
Alabama passes law criminalizing nearly all abortions: CBS
Trump bans US firms from using tech gear from China’s Huawei: CNN
US suspends all flights to Venezuela: Fox
Trump delays new tariffs on US car imports: WSJ
Trump’s tariffs are expected to modestly boost US inflation: WSJ
US retail spending unexpectedly fell in April: Bloomberg
GDPNow Q2 growth estimate for US slips to sluggish 1.1% increase: Atlanta Fed
Home builder sentiment in US rises to 7-month high for May: MW
NY Fed Mfg Index rebounds to 6-month high in May: NY Fed
Business inflation expectations tick up to 2.0% for May: Atlanta Fed
US industrial output’s 1-year change slows to weak 0.9% increase in April:

Macro Briefing: 16 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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