(1) The Fed responds to Trump’s trade war. (2) Powell mentioned “trade” eight times yesterday. (3) Method in Trump’s madness. (4) The Fed’s existential crisis: Inflation isn’t a monetary phenomenon. (5) FANGs getting bitten. (6) Ten Asian rivers account for most of the plastic garbage in the oceans. (7) Getting hyper on hyperloops. (8) Consumers still in the mood to spend and have fun.
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