Macro Briefing: 12 July 2018

Jul 12 09:07 2018 Print This Article

Trump roils NATO meeting in Brussels: LA TimesWill Trump’s attacks on NATO help Russia’s Putin? CNNBusiness groups, congressional Republicans have worries over trade war: The HillEuropean Commission trims estimate for Europe’s GDP growth in 2018: RTTCrude oil drops sharply over fears of falling demand, rising supply: MarketWatchMorgan Stanely predicts US Treasury yield curve will invert in 2019: BloombergThe US-driven trade war has cost a typical American family $60 (so far): NY TimesWholesale inventories for US revised up for May: ReutersUS wholesale inflation picked up to six-year high in June: MarketWatch

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About Article Author

The Capital Spectator

CapitalSpectator.com is a finance/investment/economics blog that’s edited by James Picerno. The site’s focus is macroeconomics, the business cycle and portfolio strategy (with an emphasis on asset allocation and related analytics). In late-2009, the Eastern Economics Journal named Picerno as one of the nation’s “top economics bloggers”. Picerno is the author of Dynamic Asset Allocation: Modern Portfolio Theory Updated for the Smart Investor (Bloomberg Press, 2010) and Nowcasting The Business Cycle: A Practical Guide For Spotting Business Cycle Peaks (Beta Publishing, 2014). His articles on finance and economics have appeared in a variety of publications and news outlets over the years, including The Atlantic, Financial Advisor, BankRate.com, HorsesMouth.com, and Bloomberg Briefs: Economics. He also pens a daily economics column for the Saxo Group’s TradingFloor.com web site. Picerno has been writing about investing and macroeconomics since the early 1990s at Bloomberg, Dow Jones and other media groups before becoming an independent writer/analyst in 2008. He also offers consulting services on asset allocation and portfolio strategy, the US business cycle, and related data analytics in R and Excel.

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