Macro Briefing: 7 February 2018

House OKs bill to avoid US gov’t shutdown, but Senate approval is unclear: Politico
US trade deficit for 2017 at highest level since 2008: The Hill
Trump favors shutdown if Dems don’t agree to immigration demands: The HIll
Germany’s main parties end deadlock and form coalition: Reuters
US job openings fall to seven-month low in Dec: Bloomberg
Growth outlook for UK ticks up: MNI
Market crash claims its first victims for VIX-linked products: Bloomberg 
Analyst Ed Yardeni remains bullish on outlook for equities:
GDPNow model projects strong 4.0% gain for US GDP in Q1: Atlanta Fed