The rally in Chinese stocks is leading investors to predict that mainland shares will outperform American peers due to attractive valuations, with the MSCI China index gaining 19% since the start of the year. This contrasts with the S&P 500 slipping into correction territory for the first time since 2023, as U.S. concerns grow over Trump’s tariffs policy and recession fears impacting tech-heavy Nasdaq Composite. Richard Harris of Port Shelter Investment Management describes this shift as the “great pivot,” signaling a potential change in market dominance away from American exceptionalism towards a recovering Chinese economy driven by optimism in artificial intelligence capabilities.
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Bluff and last-minute orders: Trump’s path to Iran decision
Donald Trump misled the public about his decision timeline regarding a military strike on Iran, claiming he needed two weeks to decide while secretly preparing for an attack on Iranian nuclear facilities. After leaving for a fundraising dinner, he authorized the first direct U.S. military action against Iran since 1979, showcasing strategic ambiguity and misdirection throughout the process. Explain It To Me Like I'm 5: Trump pretended he needed time to think about attacking Iran,...
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