Evergrande Still No Bailout, Contagion Spreading

In the developing story of Evergrande's collapse, investors are watching to see what will happen. There are a few points of concern, including a collapsing real estate market in China and a severe drop in consumer spending. On the other side of the pond, the Federal Reserve may use this as an excuse to delay tapering and keep that printer running at full speed.

Sources:
https://finance.yahoo.com/news/hong-kong-stocks-sink-evergrande-023055601.html
https://www.marketwatch.com/story/will-evergrande-be-chinas-lehman-moment-wall-street-says-no-11632171489
https://twitter.com/INArteCarloDoss/status/1438944431734919175?s=20

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#china #evergrande #crash