News Snapshot:
The likelihood that the market can sustain its recovery after months of intense selling is increased by the most recent relaxation of coronavirus travel restrictions as well as other promising policy signals. China’s blue-chip CSI300 index is up about 20% from April lows, as is the Shanghai Composite after losses of more than 10% in the first quarter. China’s battered equities markets begin to resemble a sanctuary from a global storm of runaway inflation, interest rate hikes, and recession fears as the S&P 500 is ready to end its worst first half of any year since 1970 and bonds have...
