Marc Chagall The Smolensk newspaper 1914 • Yield Curve Screams “Recession” as Trade War Picks Up Steam (Mish) • China’s Yuan Slumps To 11-Year Low, Stocks Fall As Trade War Escalates (R.) • Trump Says China Called Twice To Restart Trade Talks (MW) • China Willing To Resolve Trade Dispute With US Via Dialogue (R.) • Mnuchin: If China Agreed To Fair Relationship, We’d Sign ‘In A Second’ (CNBC) • Hong Kong Police Arrest 36 After Running Battles With
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Frank Walton Crows on a beach 1884 • World Needs To End Risky Reliance On US Dollar: BoE’s Carney (R.) • China Strikes Back At US With New Tariffs On $75 Billion In Goods (R.) • Trump Heaps Another 5% Tariff On Chinese Goods In Latest Escalation (R.) • Majority Of Americans Don’t Want Trump Impeached, Removed From Office (USAT) • CNN Hires Former FBI #2 Andy McCabe, Who Was Fired For Leaking And Lying (ZH) • Genesis and
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Piet Mondriaan Self portrait 1918 Guardian columnist Owen Jones, a self-described left activist and socialist, was attacked in the streets of London at 2 am Saturday morning in what he himself describes as “a blatant premeditated assault” by a bunch of guys. He says he was kicked, punched, but then saved by the friends he was with, and nothing really happened to him. Or he would have taken photos and published them. Owen was fine, before and after. But
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Edouard Vuillard The window 1894 • Kudlow: ‘There’s No Recession On The Horizon’ (Hill) • White House Offers Reassurances Amid Recession Fears (Hill) • Trump: Purchasing Greenland ‘Strategically’ Interesting (Hill) • Hong Kong Readies For More Mass Protests After Huge, Peaceful Rally (R.) • China State Council Calls For Shenzhen Integration With Hong Kong, Macau (R.) • China Works To Turn Shenzhen Into The New Hong Kong (Nikkei) • ‘Operation Yellowhammer’ Documents Reveal Brexit ‘Worst Case Scenario’ (NW) •
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Pablo Picasso Dora Maar 1937 • A Global Recession May Be Coming A Lot Sooner Than Anyone Thought (Henrich) • Why Negative Rates Will Devastate The World (ZH) • US National Debt Spiked $363 billion in 2 Weeks, $1 Trillion in 12 Months (WS) • UK Parliament Cannot Stop Brexit, Johnson To Tell Macron And Merkel (R.) • Leaked Docs : UK Faces Food, Fuel And Drugs Shortages In No-Deal Brexit (R.) • Jeremy Corbyn Has Called the Extreme
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Felix Vallotton Verdun 1917 It’s been a few days since I did anything but my news aggregator, and that’s not so strange, since so much of it ‘encircled’ Jeffrey Epstein. Now that he’s supposedly died, though we have no proof of that, from an ‘apparent suicide’, there are other topics as well that we can turn to. But let’s start with Epstein just for good measure. We still don’t have an autopsy report, though New York City Chief Medical
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Henri Matisse The terrace, St. Tropez 1904 • US Yield Curve Inversion Highlights Recession Fears, Fed Dilemma (R.) • China: Paper Tiger (Jim Rickards) • Trade Wars and the Over-Valued Dollar (Hill) • Trump Ties China Trade Deal To ‘Humane’ Hong Kong Resolution (R.) • Autopsy Finds Jeffrey Epstein Had Several Broken Neck Bones (NYPost) • Jeffrey Epstein’s Body Claimed By Unidentified ‘Associate’ (NBC) • CEO Scott Borgerson Denies He’s Dating Epstein Pal Ghislaine Maxwell (NYPost) • UK Labour
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Samuel Peploe Paris-plage 1907 • Jeffrey Epstein’s Trail Of Bankruptcy And Ruined Lives (WaPo) • Jeffrey Epstein Kept “Meticulously Detailed” Secret Diaries (Mirror) • New York Coroner ‘Confident’ Epstein’s Death Was Suicide (R.) • Lawyers Say Epstein Victims To Sue Financier’s Estate This Week (R.) • Hong Kong Airport Cancels All Outgoing Flights Over Protests (BBC) • Hong Kong Protests: Brutal Undercover Police Tactics Spark Outcry (G.) • Britons Have Spent £4bn Stockpiling Goods In Case Of No-Deal Brexit
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Pablo Picasso Man with straw hat and ice cream cone 1938 • JPMorgan: The Fed Will Need To Restart QE Soon • How Jeffrey Epstein Got His Hooks Into Les Wexner (William D. Cohan) • These Are The Dying Days Of A Rancid Old Order (Hutton) • The Very Idea Of A United Kingdom Is Being Torn Apart By Toxic Nationalism (G.) • Cross-Party Schemes Drawn Up To Prevent A Johnson No-Deal Brexit (O.) • No 10 Cancels Staff
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Pablo Picasso Man with ice cream cone 1938 My first thought after reading about Jeffrey Epstein’s so-called suicide is: let it go, watch a movie instead, or go out to dinner. But a suicide of someone under suicide watch is just too much. And then I understand NBC -oh wait, and Reuters too- said he wasn’t even on suicide watch anymore. A guy who allegedly tried to kill himself two weeks ago. But of course. Why should he be?
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