Macro Briefing: 20 November 2017

Efforts to form a new government in Germany collapse: BBC
Zimbabwe’s Mugabe refuses to step down: Reuters
GOP bets on trickle-down economics in tax plan: USA Today
Japan’s export growth points to continued Q4 economic expansion: Reuters
US housing starts surged in Oct, near post-recession high: MarketWatch
Kansas City Mfg Index slides in Nov but still showing “solid” growth: KC Fed
Goldman Sachs expects 4 interest rate hikes for the US in 2018: Bloomberg
AAII bullish sentiment posts largest one-week decline since 2013: Bespoke