The sell-off in U.S. stocks in response to reports of a weakening Chinese economy shows that investor emotions have gotten ahead of reality.
Entries by Milton Ezrati
Beijing is betting that lowering the value of the yuan will help its faltering export sector. But the move may not immediately produce the desired economic boost.
Fresh news of geopolitical turmoil spurred selling on July 17. How might markets behave in the aftermath?
While a far larger-than-expected decline in revised first-quarter GDP does not signal recession, it does point to continued subpar growth.
Expectations of stronger second-quarter growth may have to be trimmed if gasoline prices rise sharply.