Macro Briefing: 18 December 2018

Xi calls for China to ‘stay the course’: CNBC
World stocks fall on Tues as Fed appears set to raise rates: Reuters
S&P 500 dropped to 14-mo low on Monday: Reuters
German business confidence eased for 4th straight month in Dec:
US consumer demand for credit declined for year through Oct: Reuters
NY Fed manufacturing index fell to 19-month low in Dec: MW
Researchers: politicians caused pay ‘collapse’ for bottom 90% of workers: WaPo
US home builder confidence dropped to 3-1/2 year low in Dec: MW