The seemingly relentless decline in prices of Chinese goods amid tepid consumer demand is denting expectations that corporate earnings can revive the flagging stock market.
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also from the federal reserve because it will be important also for the central bank to understand what s happening when it comes to the labor market. and it s certainly been a sluggish start to 2024 for the markets. so we just tease there supermarkets in four european countries will no longer sell pepsi products. tell us what prompted that decision? in essence price wars, john. because the french retailer has said it will stop selling products from pepsico in four countries france, italy, spain, and belgium because they deem the price hikes from pepsico unacceptable. and this is really an example, john, how retailers are putting pressure on brands to bring down their prices as inflation eases. so let s see how this will pan out. we could actually see other french retailers as well as