European stock markets are poised to break a four-day losing streak on Wednesday, as banks and drug makers inch higher, while investors cautiously await the European Union summit to start the next day.
In Hong Kong, Asia’s bastion of free-market capitalism, some residents at public-housing projects drive around in BMWs and carry designer handbags. And therein lies a tale of social welfare gone wild.
It appears that the euro crisis may finally be coming to some sort of conclusion, and in some ways, it is influencing the fixes for the U.S. economy. But does any of this mean you can’t pick stocks?
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