China Shares Flounder Again, but ‘Real Economy’ Sound Says State Media

China’s volatile shares tumbled again on Thursday, taking losses this month to about 25 percent or 13 trillion yuan ($2 trillion), while state media insisted that the market ructions did not reflect the real economy. The benchmark Shanghai Composite Index ended down 2.9 percent, and the CSI300 index of the largest listed companies in Shanghai…

China Shares Flounder Again, but 'Real Economy' Sound Says State MediaDetails

Gold is Back in Fashion after a $15 Trillion Global Selloff

The $15 trillion rout in global equity markets since May is reawakening the lure of gold for investors seeking safety. Hedge funds and other large speculators more than doubled their net-long position in bullion last week, just three weeks after they were the most-bearish ever. Investor holdings of gold through exchange-traded products are expanding at…

Gold is Back in Fashion after a $15 Trillion Global SelloffDetails

Late Selloff Puts Stock Indexes in Correction

The late-day selloff came despite earlier gains sparked by better-than-expected trade data from China and an early bounce in oil prices from recent lows. But the two-day bounce faded as the mood shifted on Wall Street from the once-winning buy-the-dip mentality to a “sell the rally” strategy, says Jack Ablin, chief investment officer at BMO Private Bank. By the…

Late Selloff Puts Stock Indexes in CorrectionDetails