China Is the Contrarian Trade of 2024
Whether you should take it or not is another question.
Xi Jinping, China's president: to an uncomfortable extent, a bet on China boils down to a bet on him.
Photographer: David Paul Morris/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Can you do me a favour? I’d like to pick your brains. This week my colleagues over at Markets Live are looking at the impact of aging societies on stocks and bonds. Has higher inflation in recent years made you take any new steps to protect your retirement savings from inflation? Do you expect aging populations to be beneficial for stocks or bonds, or neither? Let us know what you think here.