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China’s stockmarket is booming, but renewed animal spirits are not yet helping the wider economy, says Lee Ying Shan for CNBC. More than $3trn in market capitalisation has been added across mainland a
“America has progressed from infancy to senility without passing through a period of maturity.” So said a character in one of Ian Fleming’s short stories in 1960. He was wrong then – or, was he, as so
The apologists for the relentless expansion in the size and cost of Britain’s public-sector debt like to point out that other major developed economies face a similar predicament. Although government
“Dr Pangloss, welcome to Wall Street,” says Randall Forsyth in Barron’s. Voltaire’s “oblivious optimist” would feel right at home as stocks in the US and Asia hit record highs, even as Russia sends dr
“British gilts are the most undervalued financial asset on the planet,” says Ambrose-Evans Pritchard in The Telegraph. The UK ten-year gilt yields a decent 4.7%. Yet investors prefer to pile into bitc
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