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China’s stock market rebound from a nine-month low isn’t backed by stronger corporate earnings. On the contrary, 76 per cent of onshore-listed firms have cut their 2023 outlook, Bank of America says.
Global investors fleeing China have one simple message for the country's leadership: put prudence aside for a short while, and start spending big. As they go from hope to disappointment... -Today at 09:23 pm- MarketScreener
Modest interest rate cuts and vague promises of support for debt-mired property developers have failed to restore sentiment, and fund managers are turning adamant that they need to see more government money flowing before they consider returning.
Global investors fleeing China have one simple message for the country's leadership: put prudence aside for a short while, and start spending big.... -Today at 04:15 am- MarketScreener
The US debt downgrade coupled with deficits threatens the US dollar’s reign as the reserve currency. Gold exposes the shortcomings of the dollar as a savings instrument.