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Macro Briefing | 16 August 2019

Summary:
Trump defends his economic policy as recession worries mount: ReutersN. Korea launches missiles and rejects talks with S. Korea: BBCEconomists raise US Q2 GDP growth outlook to median +2.1%: CNBCSt Louis Fed President: inverted yield curve bearish only if it persists: CNBCUS jobless claims rose to 6-week high last week: MWUS homebuilder optimism strengthens in August: HousingWireUS manufacturing output fell in July following two months of growth: ReutersFed bank mfg surveys strenghen in August: CNBCRetail sales in US increased 0.7% in July, a four-month high: MW

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Trump defends his economic policy as recession worries mount: Reuters
N. Korea launches missiles and rejects talks with S. Korea: BBC
Economists raise US Q2 GDP growth outlook to median +2.1%: CNBC
St Louis Fed President: inverted yield curve bearish only if it persists: CNBC
US jobless claims rose to 6-week high last week: MW
US homebuilder optimism strengthens in August: HousingWire
US manufacturing output fell in July following two months of growth: Reuters
Fed bank mfg surveys strenghen in August: CNBC
Retail sales in US increased 0.7% in July, a four-month high: MW

Macro Briefing | 16 August 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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