Stocks Breach Key Level and China Sees Further Slowdown 8/15/23

The S&P closed below its 50-day moving average for the first time since late March and Apple breached its 100-DMA for the first time since January. What do the breakdowns mean for the market? Plus China’s central bank cut interest rates in a surprise move overnight. We dive into the latest signs of slowing growth in that country and what it means for your investments.  Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.