China’s COVID-19 Restrictions, Cyber Week Record Sales, and a Tuesday Stock Turnaround 11/29/22

Officials in China are holding a press conference today over the ongoing COVID-19 restrictions showing no signs of easing, a policy move that some think could actually create an economic opportunity down the road. Robert Kuhn, a long-term advisor to China’s leaders, explains the outlook. Plus, shopping for Cyber Week is expected to hit all-time highs this year despite concerns over a potential consumer slowdown. Telsey Advisory Group’s Dana Telsey gives her top stock picks in the sector. And, markets are marginally higher following yesterday’s selloff. Waddell & Assocs.’ David Waddell, Pivotal Advisors’ Tiffany McGhee, and Allspring Global Investments’ Margie Patel weigh in on the trading day ahead. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.