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Macro Briefing | 20 May 2020

Summary:
Economic reopenings proceed throughout US and around the world: WSJ New virus outbreak in China highlights struggle to contain Covid-19: Bloomberg CBO projects 38% decline in US economic output in Q2: CNBC Iranian navy says it will continue to operate in Gulf after US warning: Reuters Taiwan president rejects China’s plan for reunification: Reuters UK inflation fell in April to slowest pace since 2016: Bloomberg World trade volumes expected to “fall precipitously” in 1H:2020: WTO US housing starts fell 30% in April and settled at a 5-year low: CNBC

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Economic reopenings proceed throughout US and around the world: WSJ
New virus outbreak in China highlights struggle to contain Covid-19: Bloomberg
CBO projects 38% decline in US economic output in Q2: CNBC
Iranian navy says it will continue to operate in Gulf after US warning: Reuters
Taiwan president rejects China’s plan for reunification: Reuters
UK inflation fell in April to slowest pace since 2016: Bloomberg
World trade volumes expected to “fall precipitously” in 1H:2020: WTO
US housing starts fell 30% in April and settled at a 5-year low: CNBC

Macro Briefing | 20 May 2020

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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