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Podcast: Squawk Box Europe Express
Episode: SQUAWK BOX, TUESDAY 16TH MAY, 2023
Description: Asian stocks hold steady following disappointing retail and manufacturing data out of China. The U.S. moves closer to a default with no agreement between lawmakers. Budget talks will resume at the White House later today. Ray Dalio’s Bridgewater Capital offloads its shares in 5 of the largest regional American banks following the recent turmoil. However 13- F filings show that two major hedge funds have bought regional bank stakes despite the volatility. The EU passes Microsoft’s $69bn Activision takeover in contrast with the UK’s denial of the deal. The bloc’s anti-trust chief Margrethe Vestager tells CNBC exc...