Macro Briefing: 3 November 2017

Trump picks Jerome Powell to head Federal Reserve: NY Times
House Republicans roll out tax-cut plan: CBS News
Will the new tax plan boost economic growth? CSM
US jobless claims fell last week, close to a 44-1/2 year low: Reuters
Job cut announcements by US firms continue to trend down: Challenger Gray
Economists expect US Q4 GDP growth of 2.9%, down from Q3’s 3.0%: CNBC
US productivity beats expectations; rises 3.0% in Q3: RTT
Global Mfg PMI ticks up in Oct to 6-1/2 year high: IHS Markit