Cash Levels: Fund managers’ average cash balance has risen to 6.1% in September – the highest since October 2001 after the 9/11 shock, and well above the long-term average of 4.8% as recession concerns rise, the survey said.
Trade deal lacks fine print, raising doubts over US-China truce: Shaun Rein
Shaun Rein discusses the US-China trade agreement, highlighting Trump’s optimistic view versus China’s more cautious approach. He emphasizes China’s growing economic power and shift in