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Another volatile week as bulls and bears spar about growth

Bulls argue China's rout is a temporary scare and that the Fed's rate hike is already priced into the market

Whether or not the bull market survives this hectic round of volatility, the odds of a bear market are higher than they've been since 2009.

US stocks slipped again last week and retested their lows of the year as traders bet a Federal Reserve rate hike will come in September and further slow global growth.

This week promises to be volatile as bulls and bears spar over growth, the Fed and technical levels.

Bulls on Wall