Macro Briefing: 11 January 2019

Senate Majority Leader McConnell blocks House bills to reopen gov’t: The Hill
Gov’t workers will miss their first paychecks today due to shutdown: TPM
Trump says he may use emergency powers to build wall: Reuters
Fed Chairman Powell: prolonged gov’t shutdown could pinch economy: CNBC
Fed debate about its portfolio of bonds and other assets heating up: WSJ
Survey of economists: US recession risk at 25% –a 6-year high: Bloomberg
Flu season expected to cost employers $17 billion: CG&C
US jobless claims continue to point to strong labor market: Reuters
Oil rallies for 9th straight session–longest winning streak on record: MW
Dec marked 59th straight month of net inflows into ETFs/ETPs globally: ETFGI

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