David Woo

2 results

Traders on the floor of the New York Stock Exchange. The most prescient bear on Wall Street in 2018 was Morgan Stanley’s Michael Wilson, who warned we were witnessing a “rolling bear market”. Photograph: Brendan McDermid/Reuters

Investors entered 2018 in exuberant form but it turned out to be a lousy year for global stocks. Will the bears prevail again in 2019? Do market strat(...)

European Central Bank  president Mario Draghi: the Euro’s decline is a repercussion of the European Central Bank’s bond-buying spree and growing expectations of a US interest rate rise. Photograph: EPA

The euro has fallen to a near 12-year low against the dollar, as the repercussions of the European Central Bank’s bond-buying spree and growing expect(...)