Investors had a knee-jerk reaction to the new US trade war with Mexico. Trying to tie trade with immigration is not a great strategy. Most likely this will be blocked by the Congress. Questions are already started to appear in the media if this President will also turn into a one-time President. Since the start of the trade dispute with China,US markets have already lost more than half of the returns earned year-to-date. With that said, below are some interesting reads for the weekend:
- Big tech: is the red-hot growth of the technology titans about to cool? (Money Observer)
- Investors Seek Relief as Trade Threats Roil Emerging Markets (Bloomberg)
- Why Lyft, Uber and other ‘gig economy’ stocks are in trouble now (MarketWatch) and see The gig is up: America’s booming economy is built on hollow promises (The Guardian)
- How Tech Giants Get You to Click This (and Not That) (WSJ)
- Will Trump Be a One-Term President Because of Mexican Tariffs? (U.S. Global Investors)
- 130 Percent of Trump’s China-Tariff Revenue Is Now Going to Angry Farmers (CFR)
- How different assets perform in an economic slowdown (Schroders)
- Value Disconnect: Why Are Cheaper Stocks Still Stuck? (AB)
- 3 Order Types: Market, Limit and Stop Orders (Schwab)
- The Case for Staying Invested in Stocks (T.Rowe Price)
- China Brands Muscle MNCs Out of Home Turf (Nikko AM)
The Vatican