Our base-case scenario (55% chance) remains the “Roaring 2020s.” Supporting that scenario: baby boomers are flush with wealth and are spending it. We regularly assess the subjective probabilities that we assign to these three scenarios: the Roaring 2020s (55%),

Asian Shares Are Mixed After China Rolls Out Market Boosting Measures BANGKOK (AP) — Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise.

The Chinese government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums. Officials told reporters in Beijing on Thursday that beginning this year mutual funds should increase holdings of onshore stocks,

China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market. Under a plan jointly released by six financial regulators including the securities regulator,

China's financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers to purchase more A-shares.