Succinct Summations for the week ending May 10th, 2019 Positives: 1. Uber manages to IPO without incident, despite lots of market volatility; 2. Same store sales rose 5.9% w/o/w, higher than the previous increase of 5.5%. 3. Job openings rose 4.8% m/o/m from 7.142M to 7.488M. 4. Home mortgage apps rose 4.0% w/o/w after previous 4.0% decrease. 5. International trade deficit came in at $-50.0B, lower than expected $-50.2B Negatives: 1. The Tweeter-in-Chief escalated the trade war, taking tariffs up significantly on China, and greatly disrupted equity markets; 2. CPI rose 0.3% m/o/m, less than the expected increase of ... (full story)