Category: the wall street

Stocks End Higher on Wall Street, Still Down for the Week

Wall Street capped a week of losses with a broad rally for stocks Friday, as investors welcomed solid earnings from big companies and an encouraging report on consumer sentiment and inflation expectations. A July survey from the University of Michigan showed that inflation expectations have held steady or improved, along with general consumer sentiment. The…


Ex-China: Smart Investors Are Fleeing China for the Rest

Commentary The investing term “ex-China” has a lovely ring to it. It means everything but China. So for emerging market (EM) investors, many of whom have traditionally invested in China, an EM ex-China fund provides the opportunity to invest in emerging markets, except China. The biggest emerging market economies, ex-dictatorships, are Brazil, India, and Mexico,…


Stop Investing in China: America Is the Better Bet

Commentary The fall of Kabul to the Taliban on Aug. 15 was a shock to the world, as were images of U.S. cargo planes lumbering off the runway in “defeat” at the hands of the Taliban. Yet, there was no real Taliban defeat of America, which at its core is the idea of freedom. An…