(1) CRB raw industrials spot price index drops on escalating US-China trade war. (2) Another global growth recession, or worse? (3) Global forward revenues on uptrends. (4) Steel price down sharply as European auto production staggers in wake of new auto emissions standard. (5) Still expecting Chinese to cave. (6) Rail freight traffic stalling in China. (7) Six weeks from the longest US economic expansion on record. (8) Home, sweet home. (9) The Fed’s semi-existential crisis. (10) Fed Governor Brainard says Phillips curve is not flat but broken. (11) Brainard begs to differ with her colleagues on low inflation: It may not be transient.
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