By one measure, it’s been decades since stock traders were willing to pay so much for the strongest companies out there -- just as credit investors rush to the weakest balance sheets.
Though U.S.-China talks are set to resume today in Washington (higher level talks don’t begin until Thursday), trade issues with another major partner, Europe, should instead be on your radar.
For all the attention lavished on gold for its relative durability during this global dash into risk, the real story could be the companies digging it out of the ground.
Ping An Insurance (Group) Co., the Chinese insurance giant, is trying the approach that Vanguard Group brought to the U.S. -- slashing costs for exchange-traded funds.
The mortality rate for exchange-traded funds is high. A catchy ticker symbol can help.
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