One Way Stocks Could Soar
US stocks had a big session overnight. The Dow Jones had its best day since April. All in all, the market looks bullish going into the second half of the year. And no wonder. The earnings coming out are good. Management teams in the US are upbeat about the short-term outlook. Retail sales especially have come in a lot stronger than expected as US consumers go shopping. Walmart says it saw the best quarterly sales growth in a decade.
China’s Plan to Tank Its Stock Market
The phrase ‘the fix is in’ refers to government-backed manipulation. When I say ‘the fix is in for FXI’, that’s not meant to be mysterious. FXI is[...]
Turnbull’s Lucky Windfall
You won’t need to worry too much about Turkey for the time being. US stocks closed up in overnight trade. The market’s judgement is clear: The bull[...]