Chinese capital markets: the panda in the room
China’s speedy economic development and dominant role in global trade has spurred a rapidly evolving financial system with an increasingly diverse capital market.
US retail: a not so black Friday for consumers
American consumers hunting for Black Friday bargains won’t find much in 2021 as supply remains tight, inventory low and discounts will apply to goods already more expensive.
Corporate credit: life after policy support
Strong crisis support from central banks has triggered substantial inflows into corporate credit, keeping spreads anchored close to multi-year lows. But will a world without QE reverse the trend?