About this episode
The recent U.S. equity rally pauses with the Nasdaq and S&P 500 both closing lower ahead of tomorrow’s inflation report. Chip maker Nvidia issues a Q2 profit warning due to slumping gaming sales. In China, there are further Covid flare-ups with authorities locking down in parts of Tibet and Xingjiang, just a day after restrictions were imposed on the tourist island of Hainan. Norway has warned that it may ration electricity exports to Europe following low summer rainfall affecting its reservoirs. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .