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2min chapter
Sell-Off Calls: a Rate Cut, a “Growth Scare,” & Buffett’s Slash 08/05/24
Squawk Pod
Intro
This chapter delves into the recent turmoil in global financial markets, particularly the sharp drop of 800 points in the NASDAQ. While concerns about a U.S. recession loom, analysts highlight consumer sentiment and decreasing interest rates as factors that could lead to a growth scare instead of a long-term decline.
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Discover
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