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InvestTalk

China's Trade Tides Turn: Exports Hit 3-Month Low as Imports Surge

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 10 August 2024

⏱️ 48 minutes

🧾️ Download transcript

Summary

In July, China's export growth slowed to its lowest level in three months, raising concerns about the country's economic momentum. Meanwhile, imports showed solid gains, indicating a potential shift in demand dynamics. What does this mean for the global market and China's economic outlook?

 

Today's Stocks & Topics: STAA - Staar Surgical Co., Finance Books, ABT - Abbott Laboratories, Market Wrap, China's Trade Tides Turn: Exports Hit 3-Month Low as Imports Surge, XOP - SPDR S&P Oil & Gas Exploration & Production ETF, KPP Premium Newsletter, Selling Shares in Private Company, HLLY - Holley Inc., BWA - BorgWarner Inc., Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, Annuities, SOUN - SoundHound AI Inc., Two Speed Economy.



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Transcript

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0:00.0

On radio, on YouTube, streaming live on Invest Talk.

0:05.0

And for our podcast subscribers, this is Invest Talk, above average investing for the average investor.

0:16.0

Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States.

0:26.4

Here is KPP Financial Chief Executive Officer, Financial Advisor Justin Klein.

0:38.0

Good afternoon fellow investors and welcome back to Invest Talk. This is our Friday, August 9, 2024 edition.

0:43.0

Weekend is almost here for you all.

0:46.4

But before we close this week, a very interesting weekend markets,

0:50.8

we are here one last time for this week to answer your questions.

0:56.0

Now we'll be back on Monday but our job here is still to close out this week strong

1:01.6

with lessons and perspective that can help you make

1:06.3

better decisions with your money and our main goal is to answer your finance and investment questions.

1:14.3

So I encourage you to reach out at 889 chart.

1:18.8

And maybe you have a bit of trepidation about the recent volatility or maybe there's an idea that a friend or

1:27.4

colleague told you about or maybe you have a position that you're holding you're not sure

1:31.7

if you really should hold on or not or

1:33.7

or vice versa you're not holding it but it intrigues you. All of those and

1:42.0

more are open for discussion on today's show. Anything money related we can talk about.

1:48.0

Now in a moment I will give you the market performance for today and a rundown of what happened as well as look at our

1:57.4

show topics we will hit on but let's as usual answer our first caller question now.

2:05.0

Hi, Justin.

2:06.0

I have a question regarding company called Star Surgical.

2:09.7

Taker symbol is STAA. I've never heard anybody say anything about it and I was wondering your take on it and it just

...

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