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Bessent Satisfied with US-China Tariff Setup; Retail Earnings on Deck | Bloomberg Brief 8/20/2025
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August 20, 2025
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43:26Now PlayingUS equity futures remain lower amid signs of easing from Tuesday's tech selloff, with Nvidia poised to rebound from its slump. Treasury Secretary Scott Bessent says the US is satisfied with the current trade arrangement with China. Retail earnings continue with Lowe's, Target and TJX. Andrew Balls of PIMCO sees a potential for the Fed to cut rates lower than the market is pricing in. Cayla Seder of State Street thinks more concentration in tech stocks will be expected without more rate cuts. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
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