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Consumer Staples Check-Up, a U.S. Credit Crunch, and Closing Out the Trading Week 04/21/23

Morning Call

00:00

The Dollar and the Reopening of China

The dollar has weakened most of these companies, particularly large ones like a PNG and Estee Lauder. We're going to get a lot of data points the next couple of weeks from these companies talking about what they're seeing on the ground. What we're seeing so far suggests the mosaic is flashing more green than red.

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