China Intervenes as Stock Rout Reaches US$5 Trillion
China intervenes as stock rout reaches US$5 trillion amid 'uber-weak' confidence, regulator heightens scrutiny reminiscent of 2015 crash.
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.
Jay Powell of Federal Reserve has called for patience from public as Fed deliberates on optimal timing for initiating reductions in interest rates.
Financial markets are currently wagering that the Federal Reserve may err in its forthcoming monetary policy adjustments, per insights from BofA.
A sense of panic gripped Chinese investors on Friday as shares swung sharply in the final hours of trading before closing at a five-year low.
Investors looking for earnings this week to wave a magic, clarifying wand over the economic and markets picture may end up being disappointed.
The economy's resilience has sparked curiosity about whether Fed achieved a smooth moderation of the economy via rapid interest rate increases.