A floor trader at the New York Stock Exchange at the closing bell on 4 December 2018, the day when the Dow Jones Industrial Average (DJIA) index lost almost 800 points, or 3.1 per cent. Photo: EPA-EFE/JUSTIN LANE
Opinion
Opinion
Macroscope
China’s Belt and Road may be the closest the world has to a stimulus plan that can kick some vigour back into the global economy
- There is nothing for global stock markets to be bullish now, from corporate earnings to the US-China trade war, to Brexit and the next US trade war on Japan
- China’s Belt and Road Initiative may be the only hope for a global economic stimulus
A floor trader at the New York Stock Exchange at the closing bell on 4 December 2018, the day when the Dow Jones Industrial Average (DJIA) index lost almost 800 points, or 3.1 per cent. Photo: EPA-EFE/JUSTIN LANE