Finance

As summer comes to an end in China, investors are facing the harsh reality that consumption and growth in the country will continue to be sluggish in the near future. JPMorgan recently downgraded its opinion on Chinese stocks to neutral from overweight due to what they describe as a challenging outlook. The team at JPMorgan
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As of 2024, exchange-traded fund inflows have already reached new monthly records, signaling a potential impact from the increasing assets in money market funds. According to the Investment Company Institute, money market fund assets hit an all-time high of $6.24 trillion, largely due to investors awaiting a Federal Reserve rate cut. Nate Geraci, president of
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China’s policymakers are currently facing the challenge of boosting domestic demand in order to combat deflationary pressures and stimulate economic growth. Former head of the People’s Bank of China, Yi Gang, emphasized the importance of improving domestic demand, addressing the real estate market situation, and influencing the confidence of society at the Bund Summit in
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The stock market is often influenced by the quarterly earnings reports of companies, and this can be seen clearly in the premarket trading activity. For example, C3.ai experienced a significant drop of 19.2% due to weaker-than-expected subscription revenue in its fiscal first quarter. The discrepancy between the reported revenue of $73.5 million and the analysts’
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Travel spending among American households has shown a significant increase compared to pre-pandemic levels, with a particular enthusiasm for international trips. According to Bank of America research, travel spending is still down from 2023 but remains significantly higher than in 2019, showing a 10.6% increase per household. The data collected from January to mid-August using
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