No Worries about China Market Bears

China is the world’s second-largest economy and its right in the middle of a transition. The massive economy is evolving, “from a resource-based manufacturer to a domestic-driven service [industry] such as health care, insurance and technology.” When the stock market, “began its summer-long swoon, investors showed growing confidence in the [...]

U.S. Voters Approve $10 Billion of Bonds

U.S. voters approved over $10 billion worth of new municipal bonds for local governments recently. The voting returns showed a consistently strong support for large debt issues, like Dallas schools, Houston roads and Denver’s stock show and convention facilities. Since interest rates continue to hover at 50-year lows, “localities nationwide [...]