Macro Briefing: 24 December 2018

Trump: second in command at Defense Dept is acting sec. as of Jan 1: Politico
US gov’t shutdown could stretch into January: WSJ
Treasury Sec. calls bankers, organizes ‘plunge protection team’: Reuters
Indonesia focuses on search for survivors after deadly tsunami: CBS
White House appears to soften demand for $5 bill for border wall: USA Today
Japan’s birth rate falls to record low in 2018: CNN
US GDP growth for Q3 revised down fractionally to 3.4%: WSJ
US durable goods rebounded modestly in Nov after sharp fall: CNBC
Consumer spending in US posted solid increase in Nov: Reuters
Kansas City Fed Mfg Index eased in Dec: KC Fed
Consumer sentiment for US unexpectedly increases in Dec: Bloomberg