Q4 Outlook: Entering the final stretch
The Ivy Investments team discusses the global economy outlook as we head into the close of 2018.
Market Intelligence gives you a quick look at news and trends around the world that reflect four broad themes influencing today’s global marketplace. We call these themes The Infinite Loop.
Hong Kong, a global leader in banking and finance, is bracing for the arrival of so-called virtual banks — financial institutions without physical branches where all transactions are online – reports CNBC.
According to Reuters, China will soon be dethroned by Japan as the top holder of U.S. government debt. Why? The Chinese central bank has been dipping into its foreign exchange reserves to support the yuan, while its Japanese counterpart has been content to allow the yen to weaken.
Japan's small firms, many of which are “mom-and-pop” operations, are dying out as their aging owners struggle to find successors, according to Reuters.