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Macro Briefing: 10 May 2019

Summary:
Trump raises tariffs on China, which vows to respond: CNBCUS-China trade talks to resume today: CNNEstimates of economic costs to higher tariffs in US-China trade war: MWUS seizes N. Korean ship that violated international sanctions: APUK economic growth strengthened in first quarter: BBCJobless claims in US fell last week, near 50-year low: MWUS producer prices increased less than forecast in April: WSJUS trade deficit increased slightly in March: MWBlackRock strategist: yield curve losing predictive power: Bloomberg10yr-3mo yield curve goes negative, suggesting higher recession risk: CNBC

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Trump raises tariffs on China, which vows to respond: CNBC
US-China trade talks to resume today: CNN
Estimates of economic costs to higher tariffs in US-China trade war: MW
US seizes N. Korean ship that violated international sanctions: AP
UK economic growth strengthened in first quarter: BBC
Jobless claims in US fell last week, near 50-year low: MW
US producer prices increased less than forecast in April: WSJ
US trade deficit increased slightly in March: MW
BlackRock strategist: yield curve losing predictive power: Bloomberg
10yr-3mo yield curve goes negative, suggesting higher recession risk: CNBC

Macro Briefing: 10 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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