U.S. `Wile E. Coyote' Moment, Xi's Dream, Aussie Pickup: Eco Day

09 Jun 2018, 02:20 PM IST

(Bloomberg) -- Happy Friday, Asia. Here’s news from Bloomberg Economics to help get your day started:

Meep-meep! The U.S. could face a “Wile E. Coyote” moment in 2020 as the Trump administration’s fiscal stimulus fades, ex-Fed Chairman Ben Bernanke says
The nation’s current roaring economy is also having its problems as suppliers struggle with bottlenecks. Trump meantime says he’s working with Prime Minister Abe to improve U.S.-Japan trade
A slow start. Two hours south of Beijing, an empty lots stands where a year ago President Xi Jinping designated a glittering new high-tech city
Could the June 12 summit help turn North Korea from corporate graveyard to tiger?
Australia has a new barometer for its economic health -- a pickup truck that doubles as a national cultural icon
Turkey surprised markets by tightening policy for the third time in less than two months, joining Brazil in efforts to protect its currency. Argentina meanwhile secured a $50 billion deal from the IMF
Thailand looks an oasis of monetary policy stability in emerging markets
Mario Draghi is ready to end the ECB’s bond-buying program even if he puts off the decision for one more meeting, economists say. BOE policy maker Dave Ramsden says early signs are the U.K. is bouncing back
British PM Theresa May urged her EU counterparts to show restraint when retaliating against U.S. tariffs. Canada’s Justin Trudeau is scrambling to save the G-7 summit as the six leaders square up to Trump

To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Chris Bourke