There are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield…
Aug 17, 2025 China’s stock market, valued at $11 trillion, has failed to incentivize consumer spending due to poor equity returns over the past decade, according to a Bloomberg report. A $10,000 investment in the S&P 500 Index a decade ago would now have more than tripled, while the same amount in China’s CSI 300…
At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the country’s stock market. Even after a recent rally, Chinese indexes have only just returned to levels seen in the aftermath…