How China can achieve sustainable, balanced and high quality growth in coming years and enter the high income group from the upper middle income group currently is the key long-term question for policymakers in China.
The comparisons to 2020 are remarkable, ranging from uncertainty on how technology might change business, to questions regarding sustainable corporate earnings, and even a sudden rush of retail investors.
central banks will never voluntarily return to a gold standard. But if gold is such a barbarous relic, if gold is a “stupid” investment, then why are the Russians and Chinese stockpiling gold hand over fist? Are they stupid?
The estimated Mineral Resources for Sukhoi Log stand at 1,110 million tonnes, with an average grade of 1.9 g/t Au and containing 67 million ounces of gold as at 31 May 2020
Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to talk through the social, political, and economic ramifications of the various U.S…
Wells' decision to sell its entire student loan business may be confirmation the bank is scrambling ahead of what may be uniform loan forgiveness by the Biden administration.
... which was the only earnings season in history when surprises saw perverse rather than intuitive reactions – beats were not rewarded and misses were not penalized."
The list includes about $3.9 billion in outstanding CMBS loan balance. That does not include loans for which deed-in-lieu was discussed but for which the asset has already gone REO.
The combination of a stimulus stalemate, Tyrannical responses to a renewed COVID case wave (note the death rate remains flat), and the fading hopes for a 'blue wave' are all triple-whammying market optimism.
A "bear" case which results in an exponential surge in new cases would almost certainly lead to another economic shutdown, especially under a Biden presidency.
"An orderly Trump victory as the most favorable outcome for equities (upside to ~3,900).... A ‘Blue Sweep’ scenario is expected to be mostly neutral in the short term..."
