New York’s stockmarkets are thrashing Hong Kong and London
As it attracts more overseas listings, the Big Apple is getting bigger
In 2006 Charles Schumer and Michael Bloomberg took to the pages of the Wall Street Journal to express their concerns about New York. The senator and mayor both feared that the Big Apple was losing its financial edge. The city had, after all, captured only one of the previous year’s 24 largest initial public offerings (ipos).
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “The bigger apple”
Finance & economics March 11th 2023
- Can the West’s perplexing employment miracle continue?
- How to measure China’s true economic growth
- China’s Communist Party takes aim at hedonistic bankers
- New York’s stockmarkets are thrashing Hong Kong and London
- Lessons from finance’s experience with artificial intelligence
- Why commodities shine in a time of stagflation
- Emerging-market central-bank experiments risk reigniting inflation
From the March 11th 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer