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Macro Digest : The meeting of Presidents Trump vs Jinping - How Significant?
Interesting background piece by WSJ:
Trump and China: Ahead of Summit, Both Sides Try to Reset Volatile Relationship
https://www.wsj.com/articles/the-u-s-and-china-sniping-in-public-have-tried-in-private-to-lower-the-volume-1491322389
Pointers:
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Fed comment : Very dovish Fed
FED - Very dovish text and update from Fed..
Fed backed down on 2016 and 2016 dots and finally acknowledge that employment growth has slowed.
Two charts attached:
Text comparison - note how Fed "holds on" to improvement in GDP despite…