Major U.S. markets bounced back on Wednesday, as the S&P 500 erased nearly 73 points of its recent pullback. However, since China is at the center of all of this market volatility, the fact that China’s Shanghai Index fell for the fifth consecutive day and is down 22 percent during that span has global investors…
Reports are out that China may be well on the path to becoming dethroned as the global king of U.S. Treasuries. According to sources familiar with the matter, China has recently begun liquidating its massive U.S. Treasuries stake to help support its hobbled currency.
In a new report, Bank of America analyst Marcos Buscaglia discussed what he believes could be the biggest monetary shock facing Latin America since 1980. However, despite the situation that these countries are currently facing, Buscaglia believes that most are better-positioned to weather the coming storm than they were in the 1980s.
With revenue in the world’s largest gaming destination, Macau, China, continuing to slump, casino investors have been looking to the state of Nevada for some much-needed good news this year. The state’s Gaming Control Board recently released its report on gaming revenue for the month of July. Here’s a summary of the report.
In a new report, Bank of America analyst Ethan Harris discussed the recent market action in response to China and looked at the probability that the S&P 500’s decline is indicative of a recession on the horizon in the United States.
In a new report, The Buckingham Research Group’s Kelly Halsor took a close look at Ulta Salon, Cosmetics & Fragrance, Inc. ULTA 0.57%’s latest upbeat earnings numbers. Halsor also explained why Buckingham believes that it’s time to buy the stock.
In new report, Deutsche Bank analyst Michael Spencer discusses the recent market turmoil in China, how it compares to past crises in Asia and what traders can expect from China in the future.
In a new report, Macquarie Research analyst Vikas Dwivedi discussed the firm’s outlook for crude oil. Overall, Macquarie sees value in the oil market, but investors will need to be extremely patient while the industry rights the ship.
Since the recent news of Monsanto Co MON 0.74%’s decision to drop its $46 billion bid for Syngenta AG SYT 2.08%, Syngenta shareholders are left wondering what’s next for the company.
As if Apple Inc. AAPL 0.47% didn’t already have enough to worry about in China, Morgan Stanley analyst Bill Lu believes that smartphone manufacturers are aggressively taking advantage of the remaining window before the launch of the next iPhone to attempt to gain market share from Apple in China.