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2 Things You Need to Know About China's Potential 'Lehman Moment'

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23.09.2021

Today's article features the SPY & EGRNF and reveals "2 Things You Need to Know About China's Potential 'Lehman Moment.'" Read on to find out all the details.

There are no less than nine risk factors currently creating the "wall of worry" that the market has been climbing to a peak gain of 21% this year.

Well, we appear to be sliding down that wall of worry at the moment in what so far is a perfectly normal and healthy market downturn. The S&P 500, for example, is down just 4% from its record highs as I write this, not even a pullback, just a run-of-mill dip.

But there are a few risk factors that could potentially ignite a global financial crisis and China's potential "Lehman moment" is one of them.

So let's take a look at the four things you need to know about the Evergrande drama unfolding in China, and what it might mean for your portfolio.

While China has faced many small financial crises over the years, including several collapsing real estate developers, this time we face one of the largest risks to China's financial system in many years.

Evergrande’s collapse would be the biggest test that China’s financial system has faced in years,” says Mark Williams, chief........

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