On China’s Troubles, Slippery Oil& The Magnificent-7

It may not be as feasible as some think for China’s government to achieve its 5% annual GDP growth goal given formidable headwinds, including slow-moving economic reforms and the impact of US tariffs. William discusses the challenges that China faces and why Chinese equities investors who are counting on President Xi to save the day may be disappointed. … Melissa looks at supply and demand dynamics in the global oil market, explaining that the oil price may languish until excess supply is sopped up by demand. … The Magnificient-7 has staged an impressive comeback, Joe reports, with a record-high collective market capitalization and ytd performance that beats the S&P 500’s.