Interactive Brokers senior market analyst Steven Levine discusses China’s consumer landscape, along with prospects for Chinese retail sales, with Brendan Ahern, Chief Investment Officer (CIO) at KraneShares.
Photo Credit: Daxis via Flickr Creative Commons
There is an old saying that stocks take the stairs to the roof but the elevator to the basement. As with many market adages, it’s not exactly true, but there is sound behavioral logic behind it.
The number-one story in the financial markets of late has been the run-up in longer-dated Treasury (UST) yields – which have climbed back to levels not seen since before the 2007 Financial Crisis.
U.S. stocks stack up well vs. the rest of the world based on valuation, even as the price charts hint at the possibility of coming U.S. outperformance.
The Fed will start to reduce its $4 trillion-plus bond portfolio
