Hotter PPI, Tech's Rough Stretch, Biden: China a "Ticking Time Bomb" 8/11/23
Squawk on the Street
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The Bulls Can Defend S&P 50 Day Nine Points
Investors fear that we could be seeing another major debt crisis in the already very troubled Chinese real estate market country garden is not a household name around the world but it certainly is here in China. The company missed two coupon payments earlier this week though there is a 30 day grace period. It's been a tough stretch for the tech sector down 8% from its highs down six and a half percent this month check out the biggest laggards on the NASDAQ 100 for the week. We're going to look at some confidence and inflation expectations in just about 14 minutes. Don't miss our CNBC special taking stock with me and Josh Brown later tonight 6 p.m. Eastern.
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