Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
As the trade war gets going the yield curve keeps flattening.
High yield bonds have outperformed this year as many issuers benefit from a robust U.S. economy without worries about a trade war.
Article via Wall Street Journal ($)
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.
Amazon’s coming for the pharmacist with the acquisition of PillPack.