Macro Briefing | 23 July 2019

Trump and Congress agree on deal to raise debt, spending caps: Reuters
Bigger deficits look set to be legacy of Trump era: Politico
Trump administration considers ending food stamps for 3 million: Bloomberg
Presidential hopeful Elizabeth Warren predicts “economic crash”: Medium
Does Warren’s dire forecast pass the smell test?: CNBC
UK set to select new prime minister today: BBC
S. Korean fighter jets fired warning shots at Russian military aircraft: CNN
N. Korea’s Kim inspects new submarine that may carry missiles: NY Times
US economic growth remained subdued in June: Chicago Fed