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US/China talks to slow under Biden | Money Management

Johnson told Douglass he expected China would not be at the top of Biden’s agenda and he would be more likely to conduct discussions in private. “The incoming team have similar concerns on democracy and economic patterns of behaviour about China but they have less focus than the outgoing presidency on the fact that is a Soviet-style competition that undermines our society and democracy, I don’t get the sense that they have that existential feel. That will translate into more discussions behind the scenes rather than in public, better co-ordination and more stability between the two nations,” Johnson said.

Tech firms lift markets but won t save the day

The Straits Times The world’s infatuation with all things digital may be superseded by more pressing challenges In the United States, the best-performing stock market sectors in 2020 are technology and consumer discretionary.PHOTO: BLOOMBERG Andreas Deppeler PublishedJan 24, 2021, 5:00 am SGT https://str.sg/JK3G They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months.

Stock-market crash: BofA s top strategist warns of bubble developing

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Bank of America s Bull & Bear indicator showed sentiment climbed on a 1-10 scale to 7.1 last week from 6.7 on December 17. This prompted Bank of America s chief investment strategist, Michael Hartnett, to say in a January 7 note that investors were rationalizing increasingly irrational price action on Wall St. Hartnett laid out six warning signs to watch that could signal a bear market is beginning. Investor sentiment has climbed from rock bottom in March to what is now approaching extremes on the other end of the spectrum and it s starting to worry Bank of America s top strategist.

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