Wednesday's News Links

[Bloomberg] Global Stocks Drop on Trade Gloom; Bonds Advance: Markets Wrap

[Bloomberg] U.S. Trade Gap Widens to Post-Recession High

[CNBC] Private-sector jobs grow by 235,000 in February, vs 195,000 expected: ADP/Moody's Analytics

[Reuters] U.S. fourth-quarter unit labor costs revised higher

[Bloomberg] EU Tells Trump to Brace for Retaliation Over Metal Tariffs

[Bloomberg] Treasuries as Trade War Leverage? Big Creditors Already Cut Back

[CNBC] With Cohn gone, Peter Navarro is unleashed at White House

[Reuters] Trade skeptics gain upper hand in White House as Cohn quits

[Bloomberg] What Market Players Are Saying on Departure of ‘Grown Up' Cohn

[Bloomberg] Wall Street Frets About Losing White House Friends as Cohn Exits

[Bloomberg] UBS Warns of ‘Deep Trade War’ as Commodity Giant Sees No Winners

[Bloomberg] Fed's Brainard Suggests Growth Tailwinds May Speed Hike Pace

[Bloomberg] How Currency Investors Are Bracing for a Full-Blown Trade War

[Bloomberg] Mystery Deepens Around China Energy Giant That Came From Nowhere

[NYT] The U.S.-China Rivalry Is, More Than Ever, a Fight Over Tech

[WSJ] Clouds Descend on Spring Home Sales

[FT] Europe fears blowback from Trump’s steel barrier

Tuesday Evening Links

[Bloomberg] S&P 500 Futures Drop as Cohn Resigns, Yen Climbs: Markets Wrap

[CNBC] Gary Cohn resigns as Trump's top economic advisor

[Bloomberg] U.S. Considers Broad Curbs on Chinese Imports, Takeovers

[Reuters] Trump sticks with tariff plan, warns EU on trade

[Bloomberg] Trump: U.S. Has 'No Choice' But to Go Ahead With Tariffs

[Bloomberg] Mnuchin Tries to Douse Trade-War Fears Over Trump Tariff Threats

[Bloomberg] U.S. Aggregate Bond ETF Hit by Largest One-Day Outflow on Record

[CNBC] Investors staged a near-record exodus from US stocks in February

[Bloomberg] Trend-Chasing Quants Post Worst Returns in 17 Years

[Bloomberg] U.S. Oil Output Set to Average 10.7 Million Barrels a Day in 2018, Highest on Record

[Bloomberg] Oil Bosses Take Different Sides of Shale Boom-and-Bust Outlook

[SCMP] Hong Kong dollar plummets to weakest level in trading band in 33 years

[Bloomberg] China’s Xi Readies Sweeping Government Overhaul to Empower Party

[WSJ] Gary Cohn Resigns as White House Economic Adviser After Losing Tariffs Fight

[FT] China’s household debt problem