Another busy week with news mostly dominated by Apple release and continued tensions about trade and talks between US and China. It has now been 10 years since the Lehman Brothers crash and start of the financial crises. Investors are more and more concerned about the economy and more importantly the ability to continue to push for new highs. Earnings are around the corner, and participants are wondering if all this uncertainty about trade has had any effect on companies’ earnings. Furthermore, midterm elections are less than 2 months away and with primaries being done this week, focus will move over to the general elections and the potential of change in both houses and subsequently effect on President Trump and the markets.  

Economy, Trade & Fed

How to Avoid Tariffs from Signalee

In Depth: Is China on Verge of Private Equity Implosion? By Caixin

China Woos U.S. Companies Again, Curbs Trade Threats via WSJ

U.S. Proposing New Round of Trade Talks With China via WSJ

U.S. producer prices post first drop in one-and-a-half years from Yahoo Finance

Per-Person Restaurant Visits Drop in U.S via Bloomberg

 

Markets / Companies

Longer Muni Bonds Offer Tempting Yields from Barron’s

LendingTree is the secret success story of fintech by Techcrunch

THE “BIG BOND SHORT” ILLUSION from The Macro Tourist

Most Bonds don’t Trade via Ft Alphaville

Seven reasons Big Tobacco is likely to make a move on the marijuana industry by MarketWatch

Apple Launches Bigger, Pricier iPhones via WSJ

Amazon’s Antitrust Antagonist Has a Breakthrough Idea from NYTimes

Can Mark Zuckerberg Fix Facebook Before It Breaks Democracy? By NewYorker

LinkedIn sucks from Techcrunch

 

Crypto

Breaking the blockchain: Major projects shelved as hype fades via FN Financial News

New York regulator approves Winklevoss, Paxos dollar-linked tokens via Reuters

Olaf Carlson-Wee Rode the Bitcoin Boom to Silicon Valley Riches. Can He Survive the Crash? By WSJ

 

Research / Interesting Reads

The Secret Drug Pricing System Middlemen Use to Rake in Millions via Bloomberg

Peter Thiel on Trump, Gawker, and Leaving Silicon Valley (Full Interview) via Youtube

Why the Traditional Way of Measuring ‘Value’ Stocks May Be History by WSJ

California’s Illegal Weed Industry Is Doing Better Than Ever via VICE

Making Private Public from The Irrelevant Investor

Why can’t Apple keep a secret anymore? Via FastCompany

Does Apple still care about Beats? From TheVerge

(IRR)ATIONAL AGGREGATION by AllAboutAlpha

Lessons from Lehman Brothers from Market Fox

Brain study shows why mindfulness eases pain via Medical News Today

The Win-Win Fallacy by the Atlantic

Cape Town Is an Omen from the The Atlantic

Seventeen Years After the Enron Scandal, Jeff Skilling Returns by TexasMonthly