Pullbacks in Equities & in China, Hurricane Hilary, & A Windy City Tipping War 8/21/23

The markets are mid-pullback , this August; Wharton Professor Jeremy Siegel offers his perspective on bonds versus stocks, and which investments are the most promising for your portfolio. In Chicago, a tipping battle is underway. Scott Weiner, restaurateur and co-owner of The Fifty/50 Restaurant Group in the windy city, discusses the gratuity quandary –and legal proposal–gripping consumers and the local dining industry. Plus, CNBC’s Jane Wells reports from Palm Springs , where Hurricane Hilary made landfall, and CNBC’s Eunice Yoon reports from Beijing, on China’s latest interest rate cut and the country’s struggling economic recovery. Jane Wells - 16:24 Jeremy Seigel - 20:08 Scott Weiner - 30:45 In this episode: Jane Wells, @janewells Eunice Yoon, @onlyyoontv Steve Liesman, @steveliesman Scott Wapner, @ScottWapnerCNBC Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.