chief economist

Stocks rose Friday, as stronger-than-expected jobs data spurred investor enthusiasm about the economy.A strong economy means strong earnings, which means rising share prices. Non-farm payrolls rose 254,000 in September, up from 159,000…

(Bloomberg) -- China’s housing rescue package offers the best path for putting the country on track to expand around 5%, in the view of most economists, assuming it’s deployed to maximum effect in the face of a real estate crisis…