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Stocks Drop on China Jitters and as Global Bond Selloff Continues
US stocks remained heavy after a robust retail sales report sent yields higher and raised the odds that the Fed might not be done raising rates. A healthy consumer was supposed to drive soft landing calls, but too much consumer resilience will drive the Fed to keep rates higher for longer. This US retail sales […] The post Stocks Drop on China Jitters and as Global Bond Selloff Continues appeared first on Action Forex...
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Posted: Aug 15 2023, 16:01
Author Name: actionforex
Views: 111422