Lehman 2.0: China Financial Crisis?
China financial crisis. Chinese property giant Evergrande remains on brink of bankrupcy. TLDR timeline: Markets Mon → Tues on payment assurances → rest of week despite indications obligations not met on Thu. Dubbed Lehman 2.0, we’re monitoring closely as China looks to stabilize situation. Fed turning hawkish. Fed signaled purchase tapering soon though vague on timing. Accelerating rate Read More