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Economic Performance

All articles tagged with #economic performance

finance1 year ago

"Wall Street's Advice Amid Election Uncertainty: Don't Let Politics Drive Your Portfolio"

Wall Street experts advise against basing portfolios on politics, emphasizing that the current political uncertainty surrounding the next U.S. president is merely "background noise" for the market. Analysts predict a rally regardless of the election outcome, with a consensus that investors should focus on economic performance and long-term fundamentals rather than short-term political maneuvers. Despite the heightened noise, tensions, and uncertainty, experts recommend maintaining a long-term investment strategy and not letting political sentiments override investment decisions.

finance2 years ago

China's Key Stock Gauge Plunges to Oversold Territory Amidst Weak Sentiment

China's CSI 300 Index, the country's benchmark stock gauge, has reached an oversold level as investor sentiment weakens due to Beijing's market rescue measures failing to impress and concerns over the nation's struggling economy. The index dropped to its lowest level since February 2019, with its 14-day relative strength index falling below 30, indicating that the market may have declined too rapidly.

finance2 years ago

Foreign investors flee Chinese assets as market gloom persists.

Foreign investors have been selling Chinese securities for the last two years due to President Xi Jinping's policies and growing geopolitical tensions, and putting money in China is going to become riskier. International institutional investors have sold a net $148 billion of China's bonds since early 2022, and Chinese stocks have seen sharp declines, especially on exchanges in New York and Hong Kong. China's disappointing economic performance recently has been a letdown for foreign investors, and de-risking is becoming more commonplace.