The economic cost of China’s zero-COVID policy

China’s strict COVID lockdowns have kept cases largely under control there. But at what cost? Today we got a snapshot from second-quarter GDP growth numbers. Plus, we break down the latest retail sales numbers with FHN Financial’s Christopher Low. Also, Sen. Joe Manchin of West Virginia appears to have spoiled the next part of the Biden administration’s economic agenda. And, a look back at how the housing shortage in the U.S. has gotten so dire.