Trump

A Fearful Start to the New Year

January 4, 2016

China’s stock market was halted automatically after a 7% plunge.  The yuan fell 0.7% and is 5.0% weaker against the dollar than its opening level of 2014. China’s manufacturing purchasing managers index dropped 0.4 points to 48.2, a three-month low and fifth consecutive sub-50 reading in a row.  Such scores indicate a contraction of factory-sector […] More

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