Tuesday, September 21, 2021

China's Evergrande contagion fears rock global markets

Wall Street stocks dive as fear of contagion from potential collapse of China's Evergrande drove investors out of equities in a flight for safety. 

The potential collapse of the highly-indebted property group added to other fears that the US Federal Reserve is preparing to announce a timeline for the removed of emergency stimulus introduced during the pandemic.

Here's my analysis from AM.

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