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The 2 sides of a rally, Economic Slowdown?, and the Read on Retail 8/15/22

The Exchange

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The Oil Market Is Doing Its Own Thing

There is a downside coming from what is likely to be a sharp slowing of glob trade. The economy is sort of moving sideways at a low growth rate for china, which is unsatisfactory given the point you just made on high employment. You know, there is a glimmer, a sort of bright spot here for the globe, which is if that takes the boil off of their energy demand.

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