Morning Movers: Wal-Mart, 10-Year Treasury Yield

Aug. 16 (Bloomberg) -- Bloomberg's Tom Keene, Sara Eisen and Scarlet Fu highlight the news you need to follow for today's trading. They speak on Bloomberg Television's "Bloomberg Surveillance."

Should We Be Concerned About Chinese Growth?
49:43 - Kyle Bass, the hedge fund manager who successfully bet against mortgages during the subprime crisis, said China’s banking system may see losses of more than four times those suffered by U.S. banks during the last crisis. Elga Bartsch, Morgan Stanley’s co-chief global economist, told Bloomberg’s Manus Cranny and Anna Edwards on “Countdown” she thinks the Chinese economy is strong enough to withstand any losses accumulated in the financial system.
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