Further articles on the same subject
Where will this stop this time? How much 'risk' is China willing to take with its sovereign risk?
Does anyone recall the stock market fell 20% from Sept 21, 2018 to Dec 24, 2018? Probably not. Memories are short and there's a lot of water under the bridge since then. Still, the set-up seems similar including Fed blunders based on misreading employment data. Here we go again.
JUST IN: The U.S. will be easing travel restrictions for foreign visitors who are vaccinated against Covid beginning in early November. @kaylatausche reports.
Revising a famous quote: If you owe the bank $100, then you have a problem. If you own the bank $1 million, then the bank has a problem. If a Chinese development company owes $300 billion, then the global financial system has a problem.