Macro Briefing: 16 February 2024

* Partial government shutdown on March 1 possible without political compromise
* US homebuilder sentiment improves for third straight month in February
* Industrial output in US ticked down in January, remaining soft for second month
* Regional Fed mfg surveys (Philly and NY) for February show mix results
* US jobless claims drop to one-month low as layoffs stay low
* US retail sales fell more than expected in January:

US stock market recovers from Tuesday’s sell off, closing at a record high on Thursday (Feb. 15):

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