Macro Briefing | 26 December 2019

US holiday spending rises, thanks to e-commerce at record high: Reuters
China sails new aircraft carrier through Taiwan Strait: Reuters
GOP senator ‘disturbed’ by McConnell’s ‘coordination’ with White House: Politico
Births in Japan fall to lowest level since 1874: NY Times
Long-run secular inflation trend looks set to decline: Vanguard
Richmond Fed Mfg Index: sector activity fell for 2nd month in Nov: RF
Gold is trading above $1500, a seven-week high: Bloomberg