Hasn’t this been floating for well over a week at this point? Friday cometh but even if China has a minor implosion it won’t hit our shores for a couple weeks if not months. It is trickle down that liberals swear does not exist.
and nothing else except a tweet about the grammys... and that was 12 hours ago...
Be nice if he gave us a little more info about what we are supposed to exit from.
Are you talking about HSBC having a run on its bank because of it defaulting on one of their wealth management funds?
HSBC is one of China’s largest banks, if not THE largest.
That’s due to happen on Jan 31. Who knows what happens if that happens, but the Christmas season, here, was so far beyond awful that retailers are still trying to figure out what to do.
I predict news from the aircraft manufacturing sector with respect to defaults on sovereign credit facilities used to purchase aircraft soon.
If that happens, it will be interesting.
It’s that deadly plume of radiation from Fukushima you have to worry about.