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China’s Economy, Retail Rundown and the Shrimp Indicator 6/20/23

Power Lunch

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Introduction

S&P down 18 below 4400 once again, while the Dow is down more than 200. China's central bank cuts interest rates as the economy over there continues to sputter. Solar Edge and Faze both down big, 6-8 percent; shares of Lemonade getting hammered today.

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