What happens to America if China falls into a recession?
The Financial Exchange Show - Podcast autorstwa The Financial Exchange Network
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Chuck Zodda, Mike Armstrong, and Marc Fandetti discuss Treasury yields hit new highs. Mortgage rates hit 7.09%, highest in more than 20 years. Bank of America's warning of a '5% World' sinks in with yields pushing higher. Investors fear China's 'Lehman Moment' is looming. What happens to everyday Americans if China falls into a recession? Walmart and Target face similar problems, but only one is thriving.
