 It only took a small taste of what a U.S. recession might be like for President Donald Trump to suggest that he wants a trade deal with China after all. The Dow Jones Industrial Average plunged 800 points in its worst rout of the year after the gap between the two-year and 10-year Treasury yields turned negative for the first time since 2007. An inverted yield curve has preceded the last seven recessions in the U.S. Ever sensitive to stock movements, the president tried to calm the markets after the close. Abandoning his hawkish trade rhetoric, Trump extended an olive branch to Chinese President Xi Jinping in a series of tweets, calling him a "great leader" and a "good man." He ended his posts with "Personal meeting?," without specifying whether he was proposing a summit. The question is how Xi will respond to Trump's overture. Who's more desperate for a trade deal right now? Read the whole thing. Tourism Is Eating the World – Noah Smith WeWork IPO Shows It's the Most Magical Unicorn – Shira Ovide The #TrumpRecession Label Is Going to Stick – Barry Ritholtz India's Richest Man Is Turning Cautious. Bad Sign – Andy Mukherjee The World Turns, America Sleeps – Tyler Cowen Forget the Yield Curve. The 30-Year Treasury Is Scary. – Brian Chappatta Have Britain's Remainers Blown Their Last Chance? – Therese Raphael It's Gotten Too Hard to Strike It Rich In America – Noah Smith Gloom Over Oil Demand Will Only Get Worse – Julian Lee Saturday New Music Here are five new albums you can stream right now, including one from Sleater-Kinney. This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the 10 most popular stories Bloomberg Opinion published this week, based on web readership, with some other stuff thrown in. | 
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