Wednesday Morning’s Top Stories Before The Opening Bell – Mike Swanson (07/25/2018)

White House unveils $12 billion plan for U.S. farmers hit by trade war – Axios

Trump: Farmers will be ‘biggest beneficiary’ of trade war – The Hill

An Unusual Warning From Goldman Sachs: “Market Depth Has Collapsed” – Zero Hedge

Cost to insure Tesla’s debt rises on growing default fears – Reuters

Cash is better than U.S. stocks for the first time in a decade — and that has some people worried – Financial Post

China’s day traders find solace in black humour as stocks languish in bear market territory – South China Morning Post

Good news: Your Tesla Model 3 is finally ready. Bad news: It may take weeks to get it serviced – LA Times

Southern California home sales crash, a warning sign to the nation – CNBC

Mortgages, auto loans and credit card debt: How the poor are fuelling the booming U.S. economy – Reuters

‘Like a Soviet-type economy’: GOP free traders unload on Trump – Politico

Oregon woman finds mountain lion napping in her home: ‘This is wild’ – Fox News

EU prepares retaliatory tariffs on $20 billion of U.S. goods – Reuters

Ivanka Trump to shut down fashion company – Ivanka

Heiress used family fortune to finance sex cult, feds say – Fox News

Bitcoin Hodlers Spend Their Crypto on Jay-Z and Beyoncé – The Daily HODL

Common painkillers triple side effects of dementia, study says – Atlanta Journal Constitution

The best way to avoid gaining weight as you age has little to do with your metabolism, according to science – Business Insider

Tesla crushed, driver killed by 1-ton block of concrete – East Bay Times

Turkish Lira’s Plunge Prompts Concern About a Currency Crisis – WSJ

Facebook opens a subsidiary in China, a breakthrough for the banned social media platform – The Verge

China keeps buying Iranian oil, and the trade war adds a reason to defy US sanctions – CNBC



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