Squawk on the Street Retail Sales Surge, China's Surprise Rate Cut, Fitch Warns On Banks 8/15/23
Aug 15, 2023
Discussion on stocks under pressure in wake of China's rate cut and disappointing economic data. Focus on the strength of the US economy. Fed rate fears and government retail sales data impact markets. Fitch warns of potential bank downgrades. Warren Buffett's investments in homebuilders. Performance of Home Depot and market perception. Global market trends including sneaker companies and a flagship store in Williamsburg.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 4min
Discussion on the Chinese economy and its impact on the global market
03:41 • 9min
Pre-Market Discussion and Sponsor Promotions
13:09 • 2min
China's Central Bank Rate Cut and Weak Economic Data
14:40 • 4min
Global Market Trends, Sneakers Companies, and a Williamsburg Flagship Store
18:56 • 3min
Warren Buffett's Investments in Home Builders
22:11 • 17min
Home Depot's Performance and Market Perception
39:12 • 4min
Market Performance and Various Industry Updates
42:49 • 3min