Another big story broke last night. A Chinese blogger has claimed that more than 300 fund managers, some of them well-known public fund managers, have been reined in for betting on over-the-counter options, calling it "the biggest scandal in the history of the public fund industry".As of the time I wrote, there had been no official disclosure or clarification from any regulator or company, and the unusually stable performance of the Chinese market had to raise doubts about whether the news was true or false.There were doubts yesterday. Although the Chinese stock market does not open at midnight, the US stock market is open, and the trend of the $Deutsche CSI 300 Index ETF(ASHR)$is too stable. I have seen many friends in the financial circle use the m
Strategists Say the Stock Market Could Struggle This Fall. What to Buy Now?
What a year this has been for the markets!Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnin
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