Market Insight September 26, 2021

Weekly Commentary & Strategy

Last week, the market had no shortage of headlines, and volatility accompanied stocks all week. We started with the news of a possible default of Evergrand, the second-largest developer in China, on its $300 billion
debt. How much? According to Bloomberg data, the amount is equivalent to about 2% of China’s GDP plus $100 billion of real estate sales last year….