Chinese leaders struggle to dispel stock market gloom
Friday, 9 November 2018 () BEIJING (AP) — Lu Yushan, a retired salesman, has advice for investors in China’s slumping stock market: Sell. Lu’s shares soared over the past decade. But the 65-year-old cashed out this year, driven away by plunging prices, insider trading scandals, a cooling economy and a tariff war with Washington. “Investors should get out,” said Lu, […]
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According to Business Insider, Larry Hatheway, the chief economist at $150 billion GAM Investments, says the US stock market has reached a stage where it's beyond its peak. Perhaps more ominously, he..