Macro Briefing: 15 August 2018

A hodgepodge of results for Dems and GOP in Tuesday’s primaries: Politico
Turkey raises tariffs on US imports as banking authorities support lira: Reuters
US warns of more tariffs for Turkey if pastor isn’t freed: Reuters
Democrats and Republicans shunning capitalism: Yahoo Finance
Are US trade tariffs on China part of a grander strategic policy? SCMP
Be wary of using one indicator for factor analysis:
US stock market rise is close to longest bull market on record: LPL
US small business optimism in July edged up to 2nd highest level in 45 years: NFIB
Active management’s death has been greatly exaggerated: Barry Ritholtz
US y-o-y import prices tick up to 6-1/2-year high in July: MarketWatch