A TALE OF TWO MARKETS: WALL STREET CHEERS RECORD HIGHS WHILE BEIJING DEFLATES BUBBLES

When the S&P 500, Nasdaq and Dow Jones Industrial Average hit record highs in early July, US President Donald Trump hailed it as evidence of America’s economic revival. “This is WINNING.

News - South China Morning Post reports that when the S&P 500, Nasdaq and Dow Jones Industrial Average hit record highs in early July, US President Donald Trump hailed it as evidence of America’s economic revival.

The report adds: “This is WINNING.

The Golden Age of America is beginning – and we are just getting started,” he wrote in a social media post on July 4, the 250th anniversary of the signing of the US Declaration of Independence.

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