Most of the previous weeks’ front pages concerns still remain. Let it be trade-wars, the economy, elections and so forth. On the other hand, the markets have shrugged-off all of this. On a sector basis, all the focus has been on Cannabis stocks and their parabolic moves upwards, and later the implosion. On a macro level, the risk of a hard Brexit has blossomed up again, as negotiations between UK and the EU have completely stalled. Complacency prevails for now until we get a trigger.
Economy, Trade & Fed
U.K.’s Theresa May Says Brexit Negotiations Have Reached ‘an Impasse’ via WSJ
Fed Debate on Neutral Rate Misses the Bigger Picture by Bloomberg
Marijuana Should Be Added to Nafta, Mexico’s Fox Says via Bloomberg
THE END OF THE INCESSANT U.S. BID? By The Macro Tourist
China’s Trade-War Tack Is Steeped in History from Bloomberg
Trade Tensions Spell Trouble for Eurozone Economy via WSJ
Brexit Has Brought Britain to a Standstill via Bloomberg
Turkey unveils plan to fight currency crisis from FT
What the market will watch for in Italy’s crucial budget proposal in the coming week via MarketWatch
Markets / Companies
European antitrust authorities probe Amazon by Axios
Amazon Will Consider Opening Up to 3,000 Cashierless Stores by 2021 via Bloomberg
What Does Speculation Look Like… MoviePass, Bitcoin and Tilray from Howard Lindzon
Meanwhile in China, Implosion of Stock-Market Double-Bubble by Wolf Street
Copper Surges as Tariff Fears Ebb from WSJ
New Trump tariffs won’t include fitness trackers or the Apple Watch from The Verge
Fidelity CEO Says No-Fee Lineup Is Aimed at New Customers via Bloomberg
3 Investments that May hit their peak from NYTimes
New York sues U.S. to stop fintech bank charters via Reuters
A right to repair: why Nebraska farmers are taking on John Deere and Apple by The Guardian
In Saudi Arabia, black gold is still king from Asia Times
Giant Debt Offer Shows Appetite for Low-Rated Companies by WSJ
U.S. Companies Need to Get Tough on China from Bloomberg
Crypto
The Wild West days of crypto exchanges are coming to an end from QZ
Research / Interesting Reads
Startup Aims To Be Millennials’ Bank With Cash-Back Debit Card, High Interest On Savings via Forbes
Revisiting the Fall of 2008 by A Wealth of Common Sense
Living The Stream from ESPN
SHORT-TERM MOMENTUM IN EQUITY FACTORS via Factor Research
What Does an EV/EBITDA Multiple Mean? by Blue Mountain Capital
Country ETFs Go Beta via ETF.com
Howard Lutnick, Now a Billionaire, Bets Own Fortune on Bold Growth Plan from Bloomberg