Download the PDF
A quick look back
There aren’t enough adjectives to describe the remarkable run the stock market has had, so we will stick with some statistics for the S&P 500, including:
12 new all-time highs reached in August alone
Seven consecutive months of gains
A 107% total return since the panic-stricken COVID-19 lows of March 20201
In this market resurgence, there have...
What is going on?
Over the course of the last six months, the Chinese government has escalated regulatory oversight of certain sectors and foreign listings. This is a cyclical phenomenon. Over the years, we have experienced periods in which the government increases regulation or reprimands business leaders. The current period is, however, the most intense we have seen in thoroughness and...