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A tale of two markets: Wall Street cheers record highs while Beijing deflates bubbles

South China Morning Post 27 July 2026 8h ago
A tale of two markets: Wall Street cheers record highs while Beijing deflates bubbles
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Relevance
9/25
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25/25
Authority
18/20
Brand Signal
12/15
Depth
4/15
Relevance Freshness Authority Brand Depth
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. 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. Though it was only
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