A China stock poised for a breakout amid this stimulus rally, according to the charts

A China stock poised for a breakout amid this stimulus rally, according to the charts

The Chinese central bank unrolled the most significant stimulus program since the COVID-19 pandemic and Chinese equities are starting to show signs that the long history of underperformance relative to western equities could possibly be on borrowed time. The name that has already demonstrated leadership that we want to focus on should this move into … Read more

The Fed slashed interest rates last week, but Treasury yields are rising. What’s going on?

The Fed slashed interest rates last week, but Treasury yields are rising. What’s going on?

Construction work is done around the Federal Reserve building on September 17, 2024 in Washington, DC.  Anna Moneymaker | Getty Images News | Getty Images With its larger-than-normal cut last week, the Federal Reserve sent a clear message that interest rates are heading considerably lower in the future. The Treasury market, though, hasn’t been paying … Read more

New York City Mayor Eric Adams charged with bribery and wire fraud

New York City Mayor Eric Adams charged with bribery and wire fraud

Prosecutors have charged New York City Mayor Eric Adams with five counts of criminal offences, including bribery, wire fraud and soliciting illegal foreign campaign donations. The indictment unveiled on Thursday alleges Adams sought and accepted illegal campaign funds and over $100,000 (£75,000) in luxury travel benefits from Turkish businessmen and an official seeking to gain … Read more