Macro Briefing: 15 June 2018

US approves second round of tariffs on Chinese goods: Reuters
European Central Bank decides to end bond-buying program: Bloomberg
China’s growth is slowing as gov’t pinches access to easy money: NY Times
Retail spending in US jumped 0.8% in May, the most in 6 months: Reuters
US import prices rose a strong 0.6% in May: Reuters
US jobless claims fell 4,000 last week to 218,000: MarketWatch
Business inventories in the US rebounded in April: MarketWatch
Millionaires, billionaires control nearly half of global personal wealth: Bloomberg
SEC official: bitcoin and ether are not securities: Yahoo Finance
GDPNow estimate of US Q2 growth ticks up to strong +4.8%: Atlanta Fed