Markets and the Holiday Frenzy, China Galore, 2 Months of Falling Gas Prices 11/28/23
Jim Cramer and David Faber discussed what investors should make of the five-day holiday shopping frenzy -- from record online sales on Monday to why Jim says to pay close attention to brick-and-mortar retail action. China-related news in the spotlight: Fast-fashion giant Shein\xa0files for a U.S. IPO, the cost of dinner with President Xi, plus why affluent Chinese are moving their money out of their homeland. Also in focus: 60 straight days of falling U.S. gasoline prices, Zscaler slides despite an earnings beat, \u201cMagnificent 7\u201d watch, the Sports Illustrated-AI writer controversy, "Faber Report": U.S. Steel sale update.\n\n\n\nSquawk on the Street Disclaimer