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Is the Rally Behind Us? And Did Biden’s Latest Blunder Derail Progress With China? 6/21/23

45 min•21 juni 2023

Stocks dropping for a third straight day after Fed chair Jerome Powell indicated there was a lot more work to be done to get inflation under control. So is the rally we’ve seen over the last few months a thing of the past? Plus President Biden referring to China’s leader as a dictator at a campaign rally, just on the heels of the Secretary of State’s visit to Beijing. Did his latest comments set U.S./China relations back again?

 

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