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It’s an easy way to game the stock market, and getting easier by the day. With some deft maneuvers, hedge funds and Wall Street trading desks are reaping hundreds of millions at the expense of index mutual funds, the investments of choice for a growing number of ordinary Americans. The traders are simply buying stocks before they’re added to the indexes that, by definition, index funds must track. ... Read News
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Some Chinese Stock Market Investors Still Put Their Faith In The Government, But For Others Trust Is Running Out
SHANGHAI -- In the small cafe he runs on a Shanghai side street, Wu Liang is doing what he always does when there are no customers – sitting at the corner table, looking at his laptop, watching the share prices on the Shanghai and Shenzhen exchanges. The difference today is that he has a smile on his face: after falling for almost a month and losing a third of its value, the Shanghai market is ... Read News
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