Macro Briefing: 15 November 2018

Death toll rises to 56 in Northern California’s fire: NBC
Liability costs from California fires threaten electric utility PG&E: CNN
China outlines trade concessions to US ahead of G20 meeting: Bloomberg
Two UK ministers quit after May announces cabinet backs Brexit deal: Reuters
Israel’s political turmoil creates challenges for US Mideast peace plan: Bloomberg
Fed Chairman Powell is “happy about the state of the economy right now”: MW
Business inflation trend in Nov ticked down to annual 2.2% pace : Atlanta Fed
US consumer inflation trend edged up in Oct as core inflation slipped: MW