China’s Evergrande:
Not (yet) a “Lehman Moment”
China’s largest real estate developer imploded. The event so far hasn’t troubled the credit markets. Why??? Our Global Markets Strategist explains – and tells you when China’s Lehman moment will hit.
China’s Evergrande:
Not (yet) a “Lehman Moment”
China’s largest real estate developer imploded. The event so far hasn’t troubled the credit markets. Why??? Our Global Markets Strategist explains – and tells you when China’s Lehman moment will hit.
Related Topics
Asian Markets
Asian Markets
Remember September 2008? That’s when Wall Street firm Lehman Brothers filed for bankruptcy. A lot of investors credit that event as the start of the financial crisis and the Great Recession.
Actually, stocks topped a year earlier. But that’s a topic for another day!
Today, many fear that the implosion of China’s largest real estate developer Evergrande may end up being another “Lehman moment.” Yet, so far, Evergrande’s problems have failed to bug the credit markets.
Our Global Markets Strategist Brian Whitmer explains why that is – and tells you when China’s “Lehman moment” is likely to come.
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