China's government is reportedly mobilizing about 2 trillion yuan to stabilize the plummeting stock market. The plan involves buying shares through Hong Kong exchange link and allocating local funds ...
In lieu of firing Powell, President Trump has a new idea: Convene the PPT President Trump now advocates intervening in the markets if he does not like the direction of the stock market. This is ...
WASHINGTON (Reuters) - U.S. President Donald Trump's Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as ...
Earlier today, we lamented the latest implosion in Chinese markets, which we discussed in "China Stocks Crash Through 'Snowball Derivatives' Trigger Levels Overnight", in which we pointed out the ...