Sell-Off Sparked By Evergrande // Lessons in Risk Management // Janet Yellen's Op-Ed - 9/20 (Hour 1)
Sep 20, 2021 ·
40m 22s
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Description
(1:23) - Markets are selling off in a big way today, with Chinese real-estate company Evergrande accelerating the dip due to the company's stock plummeting. This is causing the Chinese...
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(1:23) - Markets are selling off in a big way today, with Chinese real-estate company Evergrande accelerating the dip due to the company's stock plummeting. This is causing the Chinese real estate market as a whole to fall with it, and in turn the ripple effects are reaching European and U.S. stocks.
(13:11) - The guys discuss how the Evergrande situation relates to a prior Asian financial crisis in the late 90's, and how both scenarios are examples of what happens when there's little to no risk management.
(28:35) - Pfizer has announced that it's COVID-19 vaccine saw a strong response in children ages 5-11 when administered in a smaller doses. Pfizer is seeking FDA approval for the vaccine to be used on children.
(35:29) - Treasury Secretary Janet Yellen wrote an op-ed in The Wall Street Journal in an attempt to get congress to raise the debt ceiling yet again, which has already been raised nearly 100 times in the last 60 years.
show less
(13:11) - The guys discuss how the Evergrande situation relates to a prior Asian financial crisis in the late 90's, and how both scenarios are examples of what happens when there's little to no risk management.
(28:35) - Pfizer has announced that it's COVID-19 vaccine saw a strong response in children ages 5-11 when administered in a smaller doses. Pfizer is seeking FDA approval for the vaccine to be used on children.
(35:29) - Treasury Secretary Janet Yellen wrote an op-ed in The Wall Street Journal in an attempt to get congress to raise the debt ceiling yet again, which has already been raised nearly 100 times in the last 60 years.
Information
Author | The Financial Exchange Network |
Organization | The Financial Exchange Network |
Website | - |
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