Retail Sales Surge, China's Surprise Rate Cut, Fitch Warns On Banks 8/15/23
Squawk on the Street
00:00
Introduction
The hosts discuss strong retail sales, Home Depot's earnings beat, Berkshire Hathaway's purchase of home building stocks, and Fitch's warning about potential bank downgrades. They also talk about the strength of the economy, potential interest rate rises, weakness in the Chinese economy, and the potential for an inverted yield curve.
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Transcript
