The escalating US-China trade conflict is a wild card with unknown economic consequences. But even before factoring in this risk, the US economy is expected to post slower growth in the second quarter, based on a set of recent nowcasts.
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US plans tariffs on nearly all Chinese imports: Bloomberg
China responds to US tariffs with plans for new levies on imports: WSJ
US stock futures stabilize after Monday’s sharp decline: CNBC
Will China sell its vast US Treasury holdings? CNBC
White House reviews military options against Iran: NY Times
N. Korea demands return of ship seized by US: Reuters
NY Fed president: central banks should prepare for slow growth: Bloomberg
Eurozone industrial output fell again in March: Reuters
10yr-3mo Treasury spread inverted on Monday: MW