Weekly Jobless Claims will be an early indication of the direction of the economy in July and August. If they spike higher then so will the USD/JPY....
In numerous columns, and years before that, I have been beating one drum. The stock market is forward looking. It attempts to figure out which firms will control the future, Amazon for instance, and which companies have dropped the ball, IBM for instance. There are numerous examples of this dichotomy, but one I have been harping on […]...
Three other board directors including Sean Shao were also removed at an extraordinary shareholders meeting in Beijing on Sunday, the report https://bloom.bg/38slTRo said. Ying Zeng and Jie Yang will be added as independent board directors, the report added. Luckin Coffee declined to comment....