Market Momentum, Semi Surge, BOJ’s Surprise Shift 7/28/23
Squawk on the Street
00:00
The Energy Complex and China's Recovery
Despite kind of relative stability on the oil front, I mean obviously declines in the last five weeks or so. But interestingly, just kind of looking at a third straight drop in profit, that's the longest decline since the 2014-2016 oil crash. So the question I think remains when this kind of turns around to them is next quarter going to be the return like 8 billion shareable terms. The expected recovery after COVID there has not emerged the way it was anticipated in China.
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