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The tremendous rally in the stock market in recent weeks has left many observers puzzled as to what prompted the sudden surge. Despite being in the midst of earnings season and the ongoing Federal Reserve activity, there wasn’t a clear trigger for the rally. A lack of information from the Fed during the market’s bottoming…
China’s Consumer Spending: A Look at the Current Climate As China’s consumer spending remains stagnant, McKinsey warns that companies need to adopt more strategic approaches to tap into this colossal market. Daniel Zipser, a leader in McKinsey’s Asia consumer and retail practice, predicts only an incremental improvement in the next year with no signs of…
