Sept. 8, 2021

Midday: Markets Down, Evergrande To Miss Interest Payment.

Midday: Markets Down,  Evergrande To Miss Interest Payment.

The number one trend right now, I believe is the continuing troubles over in China with Real Estate Developer Evergrande.
 
Bloomberg has just reported that Evergrande has decided to skip two interest payments to a couple of their bank lenders. Both pay...


The number one trend right now, I believe is the continuing troubles over in China with Real Estate Developer Evergrande.

 

Bloomberg has just reported that Evergrande has decided to skip two interest payments to a couple of their bank lenders. Both payments would come due on the 21st of this month.