Macro Briefing | 16 August 2019

Trump defends his economic policy as recession worries mount: Reuters
N. Korea launches missiles and rejects talks with S. Korea: BBC
Economists raise US Q2 GDP growth outlook to median +2.1%: CNBC
St Louis Fed President: inverted yield curve bearish only if it persists: CNBC
US jobless claims rose to 6-week high last week: MW
US homebuilder optimism strengthens in August: HousingWire
US manufacturing output fell in July following two months of growth: Reuters
Fed bank mfg surveys strenghen in August: CNBC
Retail sales in US increased 0.7% in July, a four-month high: MW