The concept of market relativity is more alive than ever in today’s economy, as gone are the days of individualistic price behavior across asset classes and even stocks. Thanks to advances in data delivery and technology, financial sector traders have found ways to connect the dots in virtually every market, and that’s the only thing … Read more
The Dow Jones Industrial Average had its longest consecutive losing streak since 1978, falling for 10 straight days from Dec. 5 to Dec. 19, 2024. SPDR S&P 500 ETF Trust NYSEARCA: SPYNasdaq 100 Index Tracked Invesco QQQ NASDAQ: QQQ, actually rose to a new record high and then fell 4% over the same period with … Read more
The weak economy hasn’t stopped Chinese banks from expanding their balance sheets; they dominate our rankings again. China continues to seek an antidote to its weak economy and deteriorating real estate market, while its banking sector continues to expand. GDP growth rose to 5.2% in 2023, up from 3% in 2022, but the International Monetary … Read more