Hong Kong Stocks Slump on Corporate Earnings Disappointments

South China Morning Post03-22

Hong Kong stocks dropped by the most in two weeks and the benchmark gave up all its gains for the week, after a slew of disappointing earnings results from bellwether companies halted a rally ...

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Dr Rck
03-22
Dr Rck
If I am not wrong, most of the jobs are in the hospitality and government sectors in US as the government spends big on infra? Who are the big AI-related chips buyers? Would it be the big IT firms and possibly the governments that are trying to build data centers around the world who are either alliances or inviting foreign direct investment? What we are seeing is just a one sided economic front that appears 'strong' if so, why then we still expect rate cuts? War has a way to help the economy, and, who are the biggest ammunition players or manufacturers of military hardwares? This may help drive short term rebound of economy? Perhaps! So is the whole world in safe hands in terms of the stability of the economy, while the Swiss cuts interest rate to stimulate the economy, and on t

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