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Becalmed.
The Chinese government’s zero-COVID policy took the wind from the sails of its economy. When the government finally ended the…
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Higher bond yields may be good for income investors – and not so good for stock markets.
After more than a decade of near-zero interest rates, the “free money” era – a time when people and businesses…
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Consumer sentiment is a lagging indicator. It’s also a contrarian indicator.
After rising sharply in June and July, consumer sentiment leveled off this month. The preliminary August reading for the University…
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An unwelcome surprise.
Last week, Fitch Ratings startled markets by lowering the credit rating of United States Treasuries from AAA to AA+. It…
