Macro Briefing: 23 March 2018

Hawkish makeover of US foreign policy rolls on with Bolton appointment: Atlantic
Trump OKs new China tariffs and stocks tumble on fears of trade war: Reuters
China threatens to respond to US tariffs with trade limits on imports: WaPo
Senate passes $1.3 trillion spending bill, averts gov’t shutdown: Bloomberg
US Leading Economic Index increased 0.6% in Feb–fourth straight gain: CNBC
US jobless claims ticked up but still near lowest levels since 1970: MarketWatch
US Composite PMI for Feb points to moderate 2.5% GDP growth for Q1: IHS Markit
FHFA Index: US house prices up 7.3% year over year in Jan: Builder
Manufacturing activity still strong in Fed’s 10th district: Wichita Business Journal
S&P 500 Index tumbled 2.5% on Thursday, closing at lowest level since February 9: