Macro Briefing: 11 October 2018

Hurricane Michael ravages Florida, heads to Carolinas: CNN
US arrests Chinese military intel official for economic espionage: NY Times
US intel: Saudi crown prince ordered detention of journalist Khashoggi: CNBC
US futures on Thursday point to another wave of selling: CNBC
Trump says Fed ‘Has Gone Crazy’ after sharp down day in stocks: BBG
US Treasury Sec: stock market slide is ‘normal correction’: CNN
US producer prices rebounded in September: Reuters
Wholesale inventories in US increased a strong 1% in August: MarketWatch
Business inflation expectations for Sep tick up to 2.3%, a 6-mo high: Atlanta Fed
Recession risk may be rising for California’s economy: NY Times
US stock market fell 3.3% on Wed, biggest daily drop since Feb: CNBC