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Podcast: The Dividend Cafe
Episode: The DC Today - Tuesday, August 8, 2023
Description: Today's Post - https://bahnsen.co/3OoSkpj
From what I had initially thought would be a relatively quiet day in markets given the economic calendar, we ended up with a good amount of news to chew through in choppy markets with stocks selling off, a bid in bonds and volatility continuing its week-long climb. China reported softer than expected trade activity in exports and imports, reflecting its continued anemic recovery post-pandemic and further softness in its attempt to shift more towards a consumption-based economy.
Following Fitch's downgrade on US debt last week, Moody's joined the...