What We’re Reading – Week of 06/29/2018

Below you will find the articles on economics, investing, and finance that we found most interesting for the week.

NB: ($) denotes subscription site. 


As the trade war gets going the yield curve keeps flattening.

Article via Bloomberg


High yield bonds have outperformed this year as many issuers benefit from a robust U.S. economy without worries about a trade war.

Article via Wall Street Journal ($)


Using leverage to buy secondary interests in private equity funds (with already highly leveraged companies inside them) at a premium, what could go wrong?

Article via Wall Street Journal ($)


Howard Marks looks at “investing without people” and the rise of passive investors, ETFs, quantitative investing, and artificial intelligence.

Memo via Oaktree Capital


Amazon’s coming for the pharmacist with the acquisition of PillPack.

Article via Wall Street Journal ($)