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Chinese yuan under pressure from medium-term loans cut: Strategist

Banknotes of Renminbi arranged for photography on July 3 2018 in Hong Kong.S3studio | Getty Images News | Getty ImagesChina's central bank unexpectedly cut loan rates on Monday — a move that will likely put more downward pressure on the Chinese currency, one analyst...

Inflation will not normalize soon so seek stocks with ‘pricing power,’ strategist says

A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022.Frederic J. Brown | AFP | Getty ImagesAlthough it will come down from imminent peaks, inflation is unlikely to normalize in the near future, according to Francesco...