Like many Chinese people, Jacky hoped that he could make enough money investing in China’s stock markets to help pay for an apartment in a big city. But in 2015 he lost $30,000, and in 2021 he lost $80,000. After that, he shut down his trading account and started investing in Chinese funds that track…
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News The Markets Want Rate Cuts but The Fed Is Taking Its Time
U.S. economic reports have been sparkling. The economy appears to be booming, the labor market looks strong and inflation seems to be on the decline. Yet this seemingly propitious combination has locked the Federal Reserve into inaction. At its policymaking meeting this week, the Fed decided to do precisely nothing. It held the main policy…
0 2 0February 1, 2024 -
News As China’s Markets Stumble, Japan Rises Toward Record
There’s a shift underway in Asia that’s reverberating through global financial markets. Japan’s stock market, overlooked by investors for decades, is making a furious comeback. The benchmark Nikkei 225 index is edging closer to the record it set on Dec. 29, 1989, which effectively marked the peak of Japan’s economic ascendancy before a collapse that…
0 2 0January 26, 2024