Market View: China's largest developer record profit slump, Snap, Facebook, HP, PropNex, Marco Polo Marine, US Job vacancies
Your Money with Michelle Martin · MONEY FM 89.3
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Show Notes
China's largest developer recently reported a record 96% profit slump for the first half of this year. What kind of impact will this have on markets? In separate news, a Credit Suisse note recommends going underweight on stocks while Jefferies is predicting that the Fed will raise rates as high as 4 percent next year. What is the retail investor to read from these two different takes? Michelle Martin and Ryan Huang discuss what is moving markets today.
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