Interactive Brokers senior market analyst Steven Levine discusses China’s consumer landscape, along with prospects for Chinese retail sales, with Brendan Ahern, Chief Investment Officer (CIO) at KraneShares.
Photo Credit: Daxis via Flickr Creative Commons
Stocks were down for the week as investors appeared to take some profits and traders parsed Fed Chair Jerome Powell’s Congressional testimony.
Emerging market stocks have fallen into bear market territory.
The US consumer seems more than willing to pay more for their favorite brands, especially if they sell, um, comfort foods. Consider some of the winners that we have seen over recent sessions.
Markets are rebounding following last Friday’s turbulence as Wall Street looks to Fed rate cuts for enthusiasm ahead of critical economic data later this week.
