Harvard’s Reinhart Sees Rising Risk of Big Emerging-Market Sovereign Defaults
Carmen Reinhart, the Cuba-born economist whose warning in May of emerging-market perils proved prescient, says things may get worse in 2019 as rising U.S. interest rates, slower Chinese growth and potential defaults put more stress on the developing world.
US retail sales rebound sharply in October
U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged.
Is the Trade War Really Holding China Back?
Domestic policies such as reining in credit and investment-driven growth are having a much bigger impact on the economy.
Consumer sentiment tops expectations in November, stays on pace for best year since 2000
A preliminary reading on consumer sentiment for November came in slightly above expectations.
Goldman’s Kostin Doesn’t Want to Be Defensive in This Market
David Kostin, chief U.S. equity strategist at Goldman Sachs, discusses why it is not the time for defensive investing and how the firm is modeling markets and the U.S. economy.
Apple analysts have a long history of misreading weak iPhone demand based on supplier rumors
Quarterly concerns around iPhone demand have become close to routine for Apple — as global smartphone sales slow and upgrade cycles grow longer.
Tariffs are having a negative impact for only about 9 percent of companies, earnings calls show
Tariff concerns remain a key talking point on Wall Street when dissecting the market volatility fit over the past month, but the issue seems to be carrying less heft among corporate executives.
Trade Deficit With China Shows America’s Strength
U.S. companies have localized their operations around the world. Eventually, Chinese firms will, too.
China’s record crude oil imports built on robust fundamentals, temporary boosts
China’s record imports of crude oil in October are without a doubt a bullish outcome, but within the broader pattern of growing demand there were some temporary factors lifting purchases.
Apple was the top-selling mobile phone brand on Alibaba platforms during Singles Day
Apple topped the list of mobile phone vendors with the highest gross merchandise value (GMV), beating Chinese companies like Huawei and Xiaomi.