Macro Briefing: 5 March 2018

Populist uprising looms in Italy after Sunday’s parliamentary election: Reuters
South Korea’s envoys meet North Korea’s Kim Jong-un in Pyongyang: BBC
China worries are linked with US aircraft carrier visit to Vietnam: Time
Germany’s political gridlock ends as Merkel forms governing coalition: Time
IEA: US shale oil output will surge over next 5 years: Reuters
China sets 6.5% growth target: Bloomberg
US Consumer Sentiment Index eased in Feb to 2nd highest level in 14 years: MW
Krugman: new trade tariffs may lift US inflation rate: NY Times
Trillion-dollar-plus US budget deficits on the horizon for years to come: CRFB