Evergrande Debt Contagion Spreads to Global Markets
https://www.youtube.com/watch?v=dNxFHFZTCDM Evergrande Group, one of China’s largest lenders, could be on the verge of a debt default, with the prospect sending tremors throughout markets around the globe. Michael Gayed, publisher of the Lead-Lag Report, offers his forecast on the future of the indebted firm and whether it could be the next Lehman Brothers. (1:04) Then … Read more