This week’s Wall Street Week newsletter dives into two big topics: the shifting dynamics with China and the surprising world of investing in law firms. Host David Westin sat down with heavyweights Larry Summers and Niall Ferguson to unpack China’s future—think economic power plays and global tensions. Then, the discussion pivots to the quirky but growing trend of putting money into law firms, which isn’t your typical investment. It’s a mix of high-stakes geopolitics and niche finance, served with a side of “huh, didn’t see that coming.”

Editor’s Note: China’s economic moves and the legal industry’s evolution might seem unrelated, but both signal how traditional rules are bending. Investors and policymakers are scrambling to adapt—whether it’s navigating a rising (or stumbling) China or betting on law firms as assets. For readers, it’s a heads-up that the game is changing in unexpected ways, and staying ahead means paying attention to these oddball intersections.