Two Opposing Market Moves, and What China’s Slowdown Means for Markets 8/21/23
CNBC's "Fast Money"
00:00
Bitcoin Price Movement and China's Economic Slowdown
The hosts analyze the recent drop in Bitcoin and its implications, discussing price movement, altcoins, and the lack of movement in the VIX. They then transition to a discussion on China's economic slowdown and its impact on the real estate market, growth, and wealth. The chapter explores challenges in China's economy, such as consumer demand, mortgage environment, and leadership reluctance to admit mistakes.
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Transcript
