First Bakhmut, then Avdiivka, now Pokrovsk. In each of the last three years, Russia’s generals have identified a midsize Ukrainian town as their invasion’s next critical target, expending vast amounts of manpower and hardware to take it. The question is not whether Pokrovsk will fall, but what that will mean for the war. Pokrovsk’s capture…
Just as nuclear war, in all its sheer insanity, has returned to Hollywood and public attention, the leaders of the world’s two atomic superpowers seem to be doing their best to make the jitters worse. First, Russian President Vladimir Putin, who’s been breaking nuclear taboos for at least three years, boasted about a (new-ish) torpedo…
The S&P 500 is cruising at all-time highs following one of the strongest earnings seasons on record, and optimism is running high on Wall Street. The top tech stocks like Nvidia, Alphabet, and Microsoft have been riding high this week, and the cohort is up sharply in recent months. The Roundhill Magnificent Seven ETF is up 32%…
Is it time for investors to start looking to opportunity smaller, under-the-radar stocks? That’s a question that many investors have been considering lately as the market’s biggest stocks drive indexes to records. As markets enter September, historically the worst month of the year for stocks, investors have begun the search for new strategies in an…
Mark Zandi sees trouble ahead for the US economy. The Moody’s Analytics chief economist recently predicted in a post on X that the US economy is on the brink of recession following some of the latest economic data. While Zandi later noted that he doesn’t think the US economy is in a recession yet, there…
For Tesla Inc., the distance between a disastrous robotaxi launch and a merely disappointing one was just a foot or two. The “safety monitor” who was sat in the front passenger seat of the handful of Tesla robotaxis that began operating in a limited part of Austin on Sunday was the contradictions of Elon Musk’s…
It may seem as if Treasuries are the better bet these days with the US stock market back near record highs and government securities offering respectable yields again. But stocks are still likely to pay more. The urge to ditch stocks is understandable. There’s a lot of uncertainty out there, much of which could have…
New World Development Co.’s financial distress is creating angst just as Hong Kong is starting to regain its feet. The real estate developer’s systemic importance is of great concern to residents, policymakers and investors alike. Property fire sales at New World could drag down home prices further, while a potential default will impair banks’ loan…
Hong Kong is on the cusp of a big, beautiful bull run. But it’s in danger of being ruined. The financial center is finally getting back on its feet. The city is leading in global initial public offerings rankings this year. Its stock market is one of the world’s best performing. Meanwhile, rents have returned…