Macro Briefing: 18 December 2017

Republicans expect tax bill will become law this week: Reuters
Trump to focus on economic competitiveness in speech today: USA Today
US industrial output y-o-y rises 3.4% in Nov, a 3-year high: MarketWatch
NY Fed Mfg Index eases in Dec, but still reflects solid growth: NY Fed
Forecasts call for best holiday season for spending in 7 years: CNBC
Bitcoin futures debut on second futures exchange: Bloomberg
Rising student-debt defaults put US economy at risk: Business Insider 
GOP’s proposed corporate tax cut may be smaller than it appears: FiveThirtyEight

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