Another week, another set of potential trade war issues. Trump threatening Canada with no trade deal at all, and talk is wants hit China with another $200bn worth of Tariffs. All of this on top of rejecting EUs offer of eliminating tariffs on Cars.  This has been an ongoing story recently, but as Labor Day w/e coming to an end– question is will Trade and Tariffs pick-up and will they eventually affect the US stock Markets?

Economy, Trade & Fed

Trump Says ‘Canada Will Be Out’ Without ‘Fair Deal’ on Nafta by WSJ

Trump eager to slap tariffs on $200bn of China imports via Nikkei Asian Review

Trump rejects EU offer to eliminate auto tariffs by CNBC

Exclusive: U.S. accuses China of ‘super aggressive’ spy campaign on LinkedIn via Reuters

Trade war: China suffers three-month export downturn as Donald Trump’s tariffs bite by South China Morning Post

Nafta Lives to Fight Another Day Even as U.S.-Canada Talks Stall from Bloomberg

Trump threatens to pull US out of World Trade Organization by BBC

Don’t Believe That GDP Number. Or Any Other Number. Via Bloomberg

Weekly Initial Unemployment Claims increased to 213,000 by Claculated Risk

Consumer confidence pops in August to highest level since October 2000 via CNBC

Stocks say China’s economy is in bad shape. Steel prices tell a very different story from CNBC



The US Dollar Is (Still) A Key Factor For Emerging Market Returns by The Capital Spectator

The Forgotten Bear Market from The Irrelevant Investor

Impeachment? Markets Don’t Care… by Barry Ritholtz

WeWork and the Vanashing Bond Rating by FTAlphaville

Could Index Funds Become Too Popular? From A Wealth of Common Sense

The hottest stock in the S&P is a nearly 50-year-old chip maker via QZ

Is a Confident Consumer Good for the Stock Market? By Pension Partners

The Most Important Number Not Printed in the WSJ from Elm Partners

BlackRock sounds alarm as Canada curve inversion approaches via BNNBloomberg

Debating Monthly (or Daily) Earnings from Barry Riholtz

Tech, Consumer Discretionary Sectors Leading US Stocks This Year by the Capital Speculator


Research / Interesting Reads

The Myth of Secular Stagnation by Joseph Stiglitz via Project Syndicate

The SEC Takes A Step In The Right Direction via Points and Figures

Luck, success and the fundamental attribution error from Abnormal Returns

Which Companies Have The Highest Gross Profit Per Employee? By Priceconomics

Biotech Boom Built Wall Street’s $3 Million Analyst via WSJ

The Algorithmic Trap by David Perell

How did America become a nation of mattress stores? From Citylab

Electric Vehicles’ Day Will Come, and It Might Come Suddenly by Bloomberg

In 1973, an MIT computer predicted the end of civilization. So far, it’s on target. Via Bigthink

BlackRock’s Decade: How the Crash Forged a $6.3 Trillion Giant by Bloomberg