Panic Selling as Evergrande and Debt Ceiling Fears Spark Risk-Off Move
In today's show, you will learn why the debt ceiling is causing a panic in the stock and bond markets, why China's Evergrande is likely to default on its USD-denominated debts, how OPEC's output boost could lead to sticky inflation, why overseas shipping costs may soon fall, and what consumers feel about the economy.
#economy #stockmarket #business #china #news #breakingnews #stocks #bonds #money #bank #Evergrande
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Watermark Artwork by Jasmine Miller Twitter: @jazcreative
The content of this video is provided as educational information only and is not intended to provide investment or other advice. This material is not to be construed as a recommendation or solicitation to buy or sell any security, financial product, instrument, or to participate in any particular trading strategy.
This video was prepared by Steven Van Metre in my own personal capacity. The opinions expressed in this video are my own and do not reflect the view of Atlas Financial Advisors, Inc. or Steven Van Metre Financial.
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