If Donald Trump was aiming at China with his lofty proposed tariffs on imported steel and aluminum, he’s a terrible marksman. Not only will Chinese leaders likely brush off the measures. They have good reason to embrace them. China is unquestionably the big, bad wolf of the global steel industry. With roughly ten times the steelmaking capacity of the US, ...

Xi Jinping can hold off on retirement planning for a few more years, now that China’s Communist Party has announced a proposal to eliminate a 10-year, two-term limit for China’s presidency. That sets up the powerful 64-year-old Xi to remain in office well into his golden years. He shouldn’t be the only one. Set aside for a moment the question ...

The wild gyrations in capital markets in early February had a profound impact on investor sentiment. The spike in implied volatility, as measured by the CBOE Volatility Index (VIX), roiled long-pacific markets, leading investors to question even now, almost a month later, whether a sustained selloff might be looming. According to signals from the options market, the answer is a ...