Macro Briefing: 31 July 2018

US spy satellites find new N. Korean missile activity: Reuters
Will Trump follow through on his gov’t shutdown threat? Probably not: Bloomberg
Trump administration considers bypassing Congress for new tax cut: NY Times
Factories moving out of China over trade-war tensions: Forbes
US pending home sales up in June, first gain in 3 months: Reuters
Robust expansion in Texas factory activity continued in July: Dallas Fed
Fed funds futures: no rate change expected for Aug 1 FOMC meeting: CME