China’s regulators try to engineer a stockmarket rally

CALLING THE bottom after share prices plunge is a crapshoot. Though investors parse trading charts, bond yields and commodity prices for clues, timing the market remains more a matter of luck than skill. But in China the signal is, at least in the short term, a lot clearer: just wait for the government to barge […]

America’s stockmarket passes a milestone

ON AUGUST 22nd America’s bull market in equities turned 3,453 days old. Since hitting a low of 666 in March 2009, the S&P 500 index has increased more than fourfold, driven by strong corporate profits, low inflation, stable economic growth and a boatload of central-bank stimulus. Despite five corrections of at least 10%, the index […]