My top 10 things to watch Thursday, Aug. 15 1. Not long ago recession fears gripped the market, and there was a growing sense the Fed would need to cut interest rates by a half-percentage point at its September meeting. That's calmed down, with traders pricing in a nearly 75% odds of a traditional quarter-point reduction. 2. Retail sales in July rose 1% on a seasonally adjusted basis, well ahead of the 0.3% rise expected by economists polled by Dow Jones.
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