The prospect of Mr. Trump's re-election as US president has spurred a rally in the country's stock market, but in the eyes of strategists at Citigroup, a Republican victory would be time to leave. A Trump victory is usually seen as positive for stocks because of the potential for corporate tax cuts to boost corporate performance. However, Citi strategists believe the "near-frenzy" that has driven the S & P 500 up for six months suggests the time is ripe for a pullback. "Given the fundamental unc...
On October 29th, at a public forum held by the China Institute of New Urbanization at Tsinghua University, Liu Shijin said that the focus of his previous speech was not "10 trillion", but "in order to stabilize the economy, it is necessary to take short-term stimulus measures." Previously, in response to the downward pressure on our country's economy, Liu Shijin proposed to issue ultra-long-term government bonds to raise funds, and form an economic stimulus scale of no less than 10 trillion with...
China-related stocks fell on Tuesday after the country decided to hold off on rolling out new stimulus measures aimed at supporting the economy. Analysts at QCP Capital see the downturn as a potential opportunity to reallocate capital to the cryptocurrency market. "As China's economic recovery weakens, we expect capital to reallocate to the cryptocurrency market, reflecting the industry's growing maturity as an alternative risk asset," they said. (The Block)
China's economic stimulus policies and the escalation of the situation in the Middle East have supported oil prices to a certain extent; analysts pointed out that the successive entry of bulls requires...