Author Aleksandar Adamovic

Another active week in the markets. U.S. and Canada signed a new trade agreement, giving the markets some relief. Jobless rates fell to lowest level since 1969. Markets in general had a negative week, mostly due to harsh rhetoric from Trump and Pence against China. Investors are worried that the trade-war will escalate. In Europe, Italian banks continued their declines as investors are feeling more worried about the Italian government and their budget plans. On a positive side, Brazilian markets rallied after poll-numbers showed the right-wing Presidential candidate increasing his lead. On single name fronts, Amazon increased their minimum wage for all its workers, putting pressure on all other retailers to do the same. Elon Musk, being Elon Musk, attacked the SEC on Twitter, just one week after an agreement he would reduce his usage of Twitter. All-in, feels like volatility is increasing. Investors are paying more attention to various macro and political events around the world. Q3 earnings announcement started this week, but will properly kick-off this coming week. Investors are eagerly awaiting to see how companies fear with all things happening.

Economy, Trade & Fed, Macro

U.S. and Canada reach last-minute accord to conclude talks on new NAFTA from LA Times

US unemployment rate hits lowest level since 1969 via FT

Higher Mortgage Rates are Starting to Bite the Housing Market by Knowledge Leaders Capital

Trump Singles Out Brazil for Treatment of American Companies via Bloomberg

US considered ban on student visas for Chinese nationals via FT

The Trump administration’s secret anti-China plans by Axios

China Censors Bad Economic News Amid Signs of Slower Growth via NYTimes

China’s Property-Market Woes Deepen With Rising Rents from WSJ

China manufacturing weakens amid US tariff battle via AP

Mike Pence: Trump’s fight with China just got personal by Asia Times

The Era of Near-Zero Interest Rates Is Over from Bloomberg

Toyota to reconsider future UK investment under no-deal Brexit via Nikkei Asian Review

Brazil judge releases damaging Workers Party testimony days before vote from Reuters

Here’s Who Wins and Who Loses from Changes to NAFTA by Alternet

The Tyranny of the U.S. Dollar by Bloomberg

World economy at risk of another financial crash, says IMF via The Guardian

Markets / Companies

DoubleLine’s Gundlach: 30-year U.S. Treasury signals higher bond yields via Reuters

Easing Trade War in 2019 Seen Sparking Emerging-Market Rally via Bloomberg

The Bull Market in Dividends from Crossing Wall Street

October Is the Scariest Month for Investors, Along With All the Others via Bloomberg

Small Caps And Cyclical Stock Sectors Underperforming by Horan Capital Advisors


The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart. From WSJ

Stock investors can no longer ignore the next bear market by MarketWatch

Amazon’s IMDb will announce this week a new free video service to compete for TV ad dollars by CNBC

Amazon raises minimum wage to $15, urges rivals to follow via Reuters

Charles Schwab Has a $3.6bn Trillion Edge on Fintechs from Bloomberg

Elon Musk Stirs Controversy on Twitter in Wake of SEC Settlement by WSJ

Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit via NYTimes

Walmart to Buy Plus-Size Brand Eloquii in Latest Fashion Push via Bloomberg

The First Bank of Starbucks from Project Syndicate

GE’s dealmaking and outlay to M&A advisers called into question by FT

Tencent’s Reorg Nods to the Future It Desperately Needs via Bloomberg

These stocks should be booming during this historic bull market, but instead some are down 40% from CNBC

Danske’s Crisis and the Populist Fallout It Risks Igniting by Bloomberg

Banks in Estonia Handled $1 Trillion in Flows Dwarfing Danske via Bloomberg

Hedge funds in the business of breaking up deals see big payoff, study finds via CNBC


Bots Are Manipulating Price of Bitcoin in ‘Wild West of Crypto’ by WSJ

Bitcoin Investment Trust Loses Luster from Bloomberg

Research / Interesting Reads


Climate Change Is Forcing the Insurance Industry to Recalculate from WSJ

What If Stocks Don’t Crash… by A Wealth Of Common Sense

Paris set to triumph as Europe’s post-Brexit trading hub via FT

China’s Health Care Crisis: Lines Before Dawn, Violence and ‘No Trust from NYTimes

Waymo Collision Shows Flaws in Self-Driving Car Tests by The Information

Russia’s Newest Billionaire Made a Fortune From Cheap Booze by Bloomberg

Data Factories from Stratechery

Oil’s March Toward $100 Is Just What Electric Cars Need by Bloomberg

Finance, the media and a catastrophic breakdown in trust from FT

Why You’re Buying Products From Companies You’ve Never Heard Of  by WSJ

Quant Investor Cliff Asness Hasn’t Smashed His Screen This Year—Yet by Bloomberg