Hotter PPI, Tech's Rough Stretch, Biden: China a "Ticking Time Bomb" 8/11/23

Squawk on the Street

English - August 11, 2023 14:20 - 44 minutes - 40.4 MB - ★★★★ - 489 ratings
Business News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Cramer's Morning Take: CPI Report 8/10/23

Next Episode: New CEO for PayPal, Goldman's Rate Cut Call, U.S. Steel Rejects Takeover Bid 8/14/23

Carl Quintanilla, Sara Eisen and Mike Santoli led off the show with market reaction to fresh inflation data: The July Producer Price Index came in a bit hotter-than-expected, following Thursday's cooler-than-expected CPI report. The anchors explored what's at stake for the markets and the Fed. Also in focus: The tech sector's roughest stretch since December, President Biden calledChina a "ticking time bomb" due to its economic challenges, getting ahead of the curve on next week's retail earnings from Walmart, Target and Home Depot, what X Corp. CEO Linda Yaccarino told Sara about a potential Musk-Zuckerberg cage match.

Squawk on the Street Disclaimer