The US greenback has appreciated 2.65% against a basket of its developed market peers since the election and is at a two-year high.
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S&P Global’s US Composite Purchasing Managers’ Index shows business activity grew the fastest in over two years this month.
On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.
As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.
It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.