Investors are betting against US stocks heading into the fall
The Financial Exchange Show - Podcast autorstwa The Financial Exchange Network
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Mike Armstrong and Marc Fandetti discuss investors betting against US stocks heading into the fall and after the summer's surprising rally. Slower-yet-healthy job growth suggests the economy has some fuel left. China's slowdown mean it may never overtake the US economy. China's Country Garden makes overdue payments, avoids default. What the biggest risk China poses to the US economy? Do higher deficits cause inflation? Not this year. Utility stocks can't compete in a world awash with yield.
