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Home Authors Posts by Lu Wang

Lu Wang

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BANK OF AMERICA analysts predicted that a real deal with China on tariffs and full access to China markets by U.S. firms could cause a S&P 500 rally of 5-10 percent. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI

BofA says a `real’ trade deal could vault S&P 500 to...

Economic Activity
NEW YORK - With stocks rallying this year amid signs of nascent progress in China-United States trade talks, investors may be inclined to conclude...
THE S&P 500 has posted the third-worst Thanksgiving week since 1939. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

S&P 500 suffers third-worst Thanksgiving week since FDR

Economic Activity
NEW YORK - The holiday season is supposed to be cheerful, but right now it’s tough to find a lot of optimism in the stock...
WHILE THE NUMBERS ARE LARGE, the recent drops in equities prices pale on a percentage basis in comparison to those seen prior to the Crash of 1987, when the stock market fell 20 percent in one day.

It’s way too early to compare this market turmoil to 1987...

Financial Services
NEW YORK – There’s new leadership at the Fed, and stocks are buckling amid losses in bonds. But that’s about as far as anyone...
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