Moody’s Downgrades Banks, Pharma Stocks Surge, UPS Cuts Forecast 8/8/23
Squawk on the Street
00:00
The Decline of the Chinese Economy
The Chinese economy has been one of the more important and unexpected stories of the year. I think they're demographically challenged, there's no U.S. company I know that has put a new plant there. The plan was to become more of a service economy and they've utterly failed. And all the stimulus is bogus over there.
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