Wall Street faces fierce competition for young talent as "cuckoo-style poaching" surges, with firms offering high salaries to lure junior staff, while China expands Bond Connect and US labor market dynamics shift amid immigration policy changes.
#YonhapInfomax #WallStreet #JPMorganChase #PrivateEquity #BondConnect #USLaborMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71398

Investors from Mainland China and overseas were able to trade in each other's bond markets thru #BondConnect
Central Bank of #China has asked some domestic banks to scale back their outward investments through #BondConnect scheme
What does it mean?
What has happened is that the #Yuan started to fall against US Dollar and Chinese went crazy and started buying #Yuans offshore to avoid a outflow of capital.
It won't do you any good now.
Look at the chart.
This is going to be fucking painful.