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Macro Briefing | 3 December 2019

Summary:
US threatens new tariffs on French goods in response to digital tax: CNBC France says it will retaliate over new US tariff threat: Bloomberg Global Mfg PMI reflects growth in November–first gain in 7 months: IHS Markit Is the fate of global economy tied to the health of US consumers?: Bloomberg US construction spending fell in Oct but 1yr trend returns to growth In contrast with ISM data (see below), US Mfg PMI rebounds in Nov: IHS Markit US ISM Mfg Index continues to show mild contraction for sector in Nov: ISM

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US threatens new tariffs on French goods in response to digital tax: CNBC
France says it will retaliate over new US tariff threat: Bloomberg
Global Mfg PMI reflects growth in November–first gain in 7 months: IHS Markit
Is the fate of global economy tied to the health of US consumers?: Bloomberg
US construction spending fell in Oct but 1yr trend returns to growth
In contrast with ISM data (see below), US Mfg PMI rebounds in Nov: IHS Markit
US ISM Mfg Index continues to show mild contraction for sector in Nov: ISM

Macro Briefing | 3 December 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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