Despite a soft close in US indices yesterday, global shares are on the march again today. Led by China and Hong Kong, most large markets in the Asia Pacific region advanced today. Officials gave approval...
Despite the current scary surge in the pandemic, the worst of the economic damage is done even if the pace and scale of the recovery around the globe are far from clear.The UK is one...
Treasury Secretary Mnuchin says the countries are seeking to gain unfair trade advantages. Others, such as China, Japan and Germany remain on a “monitoring list,” alongside newcomers like India, Taiwan and Thailand. US Treasury Secretary...
Last week I suggested that the key to ending the pandemic would be the willingness of younger people to be vaccinated. This week I want to go further and suggest that some priority should be given...
Independent booksellers in the US face a crisis long in the making, but the pandemic is accelerating the process. An iconic New York City store is seeking to buck the trend. Early signs suggest it’s...
The two recent market developments, push lower in stocks, and higher in the dollar is continuing. Tuesday’s gains in the S&P 500 and NASDAQ were unwound on Wednesday and this is helping drag global markets...
The World Trade Organization is now leaderless. The task facing Roberto Azevedo’s successor is mammoth, from the need for reform to fighting protectionism. The process to succeed him is also quite labyrinthine. It’s a role...
The powerful momentum moves in the capital markets continues unabated by escalating US-China tensions and continued spread of the virus. Asia Pacific equities were mixed. Tokyo was closed for a holiday, but several other large...
The S&P 500 rallied 1.6% yesterday to extend the streak to a fifth consecutive session, and the longest of the year and completed the negation of a bearish technical pattern. However, the main feature today...
Covid-19 and resultant disruption of economic activity and trade supply chain will lead to contagion call for boycotting China, taming its economic clouts, maiming its unethical medical and infrastructure diplomacy. Across the globe, some trade...
The members of the G20 are: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union....
The US Secretary of State’s announcement that the autonomy of Hong Kong could no longer be affirmed did not derail the rally in US equities. However, the threat of an executive order against social media...
