Evergrande problems are spreading … t.co/UcbGU6k7v9
— GregTheAnalyst (@Analyst_G) September 13, 2021
1/3 While the collective world thinks Evergrande is the only Chinese developer at risk, they are wrong – i.e., Evergrande is not unique nor is it the first. That is, looking at the 10 Chinese developers below, interestingly, combined, the names (each in default or significant… pic.twitter.com/WKylM2Nwj7
— Gordon Johnson (@GordonJohnson19) September 14, 2021
3/3… the collective investment world is simply ignoring this. In short, this moment seems eerily similar to where we were in Feb. 2020 when folks were dropping dead in the middle of the street in China and no one cared. H/T – @TheLastBearSta1
— Gordon Johnson (@GordonJohnson19) September 14, 2021
— GregTheAnalyst (@Analyst_G) September 13, 2021
So, what happens next?
π¨π³πͺπΊπΊπΈ $EUR $USD #EURUSD pic.twitter.com/lCW64JC2T5
— Martin Enlund π¦π (@enlundm) September 13, 2021
Closer look at trendline break. pic.twitter.com/4TcEVKj0IO
— Puff Dragon (@PuffDragon11) September 13, 2021