Cid episode 1342
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So right now, these Chinese concerns, the lack of commentary from Chinese officials arriving ahead of this Fed meeting in which a taper is anticipated, it's giving some investors here in the United States some jitters. But when you look at other Chinese names like Lenovo or Bank of Communications, we're not talking about that much significant pressure here. And, of course, Kaiser group, apologies if I'm mispronouncing any of these names, those have seen some additional pressure as well.įinancing groups like Fortune Star, that has seen its bond yields go up as well. Sinek has seen its bond yields rise by several basis points in recent days. We've seen Sinek group, those shares are down about 87% today before being halted. Now, it is the mid-autumn festival in China, so policy officials have been quiet even after this weekend in which Evergrande problems seem to have deepened.īut right now, when you look at what's going on in the Chinese bond indices, it appears that this is still contained to the real estate sector or those sectors adjacent to the real estate sector. And now, we have this concern coming out of China. These last two weeks of September, the first week of October tend to be the worst time of the period for US equities. We're also in the seasonally worse period of the year for stocks. We have the Fed meeting this week, of course, in which we've seen US economic data start to weather the Delta variant concerns, increasing the odds that we do have some semblance of a taper announcement or hint of a taper coming at this Wednesday's meeting. You know, this is really arriving at an interesting time for markets right now. From your perspective, from how you're looking at this, I guess, how major of a global market problem could this potentially be?ĬHRISTOPHER VECCHIO: Hey, Sean, and so thanks for having me. So trying to- obviously, investors very concerned about what this could mean for global markets.
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Taarak Mehta Ka Ooltah Chashmah is an Indian .- For more on the sell off and what this means in terms of the global story, we want to bring in Christopher Vecchio. Watch all comedy scenes from TMKOC at one place.
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