Morning Note | Aug 9, 2023 | Added A New Bond, Pacificorp 5.5% 2054 (695114DA3)
Good Morning!
Markets are lower again today but only modestly on extremely light volume as investors await inflation data tomorrow. Stocks were weaker yesterday on the Moody's downgrade of several regional banks dampened investor sentiment. The big news overnight was China's CPI for July falling into negative territory for the first time since 2021.
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