Macro Briefing: 4 December 2017

More N. Korea saber rattling as US-S.Korea war games begin: CNN
Treacherous path for Congress for avoiding gov’t shutdown: NY Times
CVS buying Aetna, a deal that could rehsape healthcare industry: USA Today
BIS: “Frothy” markets should be addressed via monetary policy: CNBC
ISM Mfg Index for US dips in Nov but still reflects strong growth: USA Today
US construction spending up sharply in Oct, driven by gov’t spending: Reuters
PMI survey data points to slower but “robust” US mfg growth in Nov: IHS Markit
Global survey PMI data for mfg rises to 80-month high in Nov: IHS Markit