Bears Tighten Grip, Apple and the Mega-Tech Correction, Bloomin' Activism 8/18/23
Squawk on the Street
00:00
Introduction
The hosts discuss the current state of the markets, including recent losses and concerns surrounding China's economic growth and debt burden. They also analyze the impact of the mega-cap tech correction led by Apple, the rise in activism in the restaurant sector, the increase in bond yields, and the strong economic data. Additionally, they mention the upcoming speech by Federal Reserve Chair, Jay Powell, and global fiscal concerns.
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Transcript
