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Finance & Markets

China Injects Billions of Capital Into Banks, Insurers

China is injecting billions into its largest banks and insurers to shore up balance sheets and sustain growth in a slowing economy. Bloomberg's Sunny Bangia explains. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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What will the midterms do to stocks?

I have noted repeatedly that Michael Hartnett at BofA, the most famous asset strategist on the planet, has a blind spot when it comes to geopolitics. Today we get another dose.

  • Midterms may not significantly alter US government spending
  • Fiscal excess expected to continue, leading to nominal GDP boom
  • Democratic sweep in midterms unlikely due to challenging Senate map

More from Sunday 6 September →