Tag: economics
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What’s the Stock Market Hiding?
The U.S. stock market has defied crises, tariffs, and high interest rates, with the S&P 500 averaging nearly 20% annual growth since 2019. Experts remain puzzled, with theories ranging from AI-fuelled speculation to passive fund flows driving the unstoppable rally.
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The Big Myth About China’s Low Consumption
China’s low consumption isn’t about unwillingness to spend, but rather low disposable incomes. Despite saving more than Americans, Chinese consumers can’t purchase much due to low wages. To drive consumption, China must focus on raising incomes and improving financial security, while tackling issues like high debt and low consumer confidence.