There are several extraordinary aspects to the US-China trade war, but perhaps the most unusual (and risky) is President Donald Trump’s reliance on “his own intuition and analysis and not the advice of aides,” as The Washington Post reports, for waging economic conflict.
Daily Archives: August 9, 2019
Macro Briefing | 9 August 2019
US-China trade war is pinching global oil demand: WSJ
Is US oil in the crosshairs for China as trade conflict escalates? CNBC
Majority of economists say US-China trade war raising US recession risk: Reuters
UK economy contracted in Q2, first quarterly decline since 2012: BBC
German exports fell sharply in June, the most in three years: Bloomberg
China’s Huawei unveils phone operating system to replace Google’s Android: AP
China’s food prices surge 9% annually due to swine fever outbreak: CNBC
US jobless claims fell last week, continue to signal strong labor market: Reuters
Philly Fed’s US business cycle index (ADS Index) still reflects low recession risk:
