An inverted yield curve has typically been viewed as a sign that a recession is in the offing. Source: NYT > Business – Neil Irwin
DealBook Briefing: Could the Trade War Spread to Wall Street?
Both inside and outside the White House, there are growing calls for a weakening of China’s links to U.S. financial markets. Source: NYT > Business –
The Global Slowdown Has Divided Corporate America’s Fortunes
While the U.S. economy is resilient, the picture overseas is gloomy. Profits at companies focused on the rest of the world are suffering. Source: NYT > Business – Stephen Grocer
Alibaba Weighs a Hong Kong Listing as Trade Hawks Turn Up the Temperature
The U.S.-traded Chinese company has long discussed such a move, but the news fuels debate as some inside and outside the White House call for weakening China’s links to Wall Street. Source: NYT > Business – Keith Bradsher and Ana Swanson
Will Congress Expand the Insider Trading Prohibition?
The House Financial Services Committee has passed a bill that would for the first time set forth what was required for proof, in some ways making cases easier. Source: NYT > Business – Peter J. Henning
Tech Stocks Sink after Google Cuts Huawei Off Android Support
Selling was especially heavy among semiconductor stocks, as investors grappled with the prospect that the administration order cuts off the flow of crucial microchips to Huawei, a major customer. Source: NYT > Business – MATT PHILLIPS