China's Syndrome: Dragon is All Smoke No Fire
As the Year of the Dragon unfolds, China confronts a new economic landscape, far removed from its one time narrative of unparalleled growth.
As the Year of the Dragon unfolds, China confronts a new economic landscape, far removed from its one time narrative of unparalleled growth.
As the stock market surge in the last month indicates, investors are feeling their most bullish in more than two years.
Policymakers who are waiting for more evidence of easing price pressures before they cut interest rates may find themselves waiting a bit longer.
With earnings season around two-thirds done, Corporate America is solidly beating expectations. Wall Street is ratcheting up its profit forecasts.
For the week, the S&P gained 1.4%. The index is now up 5.4% year to date and up 40.5% from its October 12, 2022 closing low of 3,577.03.
China intervenes as stock rout reaches US$5 trillion amid 'uber-weak' confidence, regulator heightens scrutiny reminiscent of 2015 crash.
Increasingly likely 'Goldilocks' economic scenario presents promising outlook, potentially propelling an already buoyant stock market to new heights.