High volatility in China’s stock market? Howard Davies: Because of the existence of many individual investors

He announced that US stock market and its capitalization are now at a historical high, far above the total market capitalization of all stocks in China and emerging markets. To a certain extent, the US stock market is overvalued.


Stanley Fischer: Trump is looking for a "scapegoat" for the hazard of economic downturn

US President Trump put the Fed in an awkward position, in response to the moderator's question about whether “the Fed will stop another round of interest hike under the influence of Trump”.

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