New signs emerged that the trade war is dragging down the global economy. The International Energy Agency this morning cut its projection for energy demand this year by 100,000 barrels to 1.2 million barrels per day, citing the "worsening trade outlook" as a "common theme across all regions." China reported the slowest growth in factory output since 2002. And more than 500 U.S. companies--including retail giants Walmart, Target and Costco--said tariffs are hurting American businesses and consumers. A survey of CFOs found nearly half expected a recession by the middle of next year.