I am especially wary of economists — that includes Federal Reserve members and well as former Fed members — who are quick to see a soft landing for the US economy. Soft landings are rare. Former Fed Vice Chair Alan Blinder, in a Wall Street Journal opinion article last year, went so far as to …
Tourists walk under colorful lanterns at Beijing Nangong Tourist Resort during the Spring Festival holiday on January 23, 2023 in Beijing, China. The Chinese Lunar New Year, or Spring Festival, falls on January 22. Vcg | Visual China Group | Getty Images China’s onshore A-shares were hovering close to bull market territory on Monday, the …
China stocks near bull market after return from Lunar New Year holidays Read More »
Workers surveyed in China are the least likely to retire as soon as possible — even “in an ideal world,” Randstad said. And 3% of workers in Asia-Pacific never want to retire at all, which is the highest percentage out of all regions. Edwin Tan | E+ | Getty Images The cost of living crisis …
Cost of living not the only reason many are delaying retirement Read More »
By PR Sanjai and Eltaf Najafizada The Adani Group will release a detailed response to allegations made by US short seller Hindenburg Research only after the completion of a new share sale that’s set to conclude on Jan 31, according to people familiar with the matter. The conglomerate owned by Asia’s richest person Gautam Adani …
Adani Group’s full reply to Hindenburg expected after share sale Read More »
Talk about a comeback. As China abandons policies that stifled economic growth for three years, its stocks have staged an extraordinary rally—up more than 50% since October. This could be just the beginning. Money managers say a broad range of stocks could keep climbing throughout this year. The catalyst is clear: Policy makers in the …
China’s Big Comeback Is Just Getting Started. How to Play It. Read More »
I have always refrained from saying what legendary investor Sir John Templeton considered the four most dangerous words in investing: This time is different.” After months of talking to and reading the words of investment experts trying to find the right way to describe and forecast the US economy and stock market for 2023, I’m …
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, telling investors he’s “outright negative” on the market. “Fundamentals are deteriorating. And, the market has been moving up. So, that has to clash at some …
JPMorgan’s Kolanovic sees correction, hard landing Read More »
Australia’s consumer price index reached the highest since 1990 for the quarter of December, 2022. Fairfax Media | Fairfax Media | Getty Images Inflation in Australia rose to a new 32-year high of 7.8% in the final quarter of the fiscal year of 2022, rising at its steepest pace since March 1990. The annualized figure …
Text size Conditions in the US were already enough to justify a pause in the US Federal Reserve’s rate-increase, Desmond Lachman writes. Kevin Dietsch/Getty Images About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was a deputy director in the International Monetary Fund’s Policy Development and Review Department and …
A Summer of Sovereign-Debt Crises Could Be Coming. Is the Fed Ready? Read More »
Mark Cuban may be a billionaire entrepreneur now, but his humble beginnings taught him how to make ends meet when times got tough on his wallet. Getty Images Cuban recently appeared on the “Club Random with Bill Maher” podcast when the two men began discussing wealth and how their lives have changed since making it …
Mark Cuban Shares His Hack for How to Get Cheaper Groceries Read More »
