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Macro Briefing: 17 May 2019

Summary:
China’s state media downplays odds for resuming trade talks with US: BloombergIs US inflation too low? Yes, according to Fed officials: NY TimesFed official: inflation-jobless rate link ‘has broken down’: ReutersSurvey: economists think US recession risk has increased: ReutersEuro-area core inflation revised up to highest pace since 2017: BloombergUS jobless claims fell last week, sticking close to 50yr low: MWPhilly Fed Manufacturing Index increases to four-month high in May: MWUS housing starts rose more than expected in April but 1yr trend still negative:

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China’s state media downplays odds for resuming trade talks with US: Bloomberg
Is US inflation too low? Yes, according to Fed officials: NY Times
Fed official: inflation-jobless rate link ‘has broken down’: Reuters
Survey: economists think US recession risk has increased: Reuters
Euro-area core inflation revised up to highest pace since 2017: Bloomberg
US jobless claims fell last week, sticking close to 50yr low: MW
Philly Fed Manufacturing Index increases to four-month high in May: MW
US housing starts rose more than expected in April but 1yr trend still negative: 

Macro Briefing: 17 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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