Recession risk for the US remains low at the moment, but the signs are piling up that economic growth is slowing. The nine-year-old expansion will remain intact through the end of the year and persist into the early months of 2019, but next year’s second quarter-plus looks wobbly.
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Trump and China President Xi prepared for trade talks next week: Bloomberg
Hillary Clinton tells Europe to curb migration for political reasons: Politico
Tensions rise as migrants mass at US-Mexico border: Reuters
Oil prices fall to 2018 low despite OPEC plans for ouput cut: Reuters
Trump’s feud with Chief Justice Roberts spills over to Thanksgiving: The Hill
Eurozone business activity in Nov grows at slowest rate in four years: IHS Markit
US jobless claims rose to 4-month high last week: CNBC
Existing home sales in US posted largest annual slide in four years in Oct: WSJ
Decline in US durable goods orders for Oct point to softer growth in Q4: WSJ
Leading economic index predicts US expansion will moderate: MW
US consumer sentiment remains elevated after second monthly dip: MW