The biggest mover seems to be the development centered on Evergrande in China. The situation appears increasingly grim for the giant real estate developer. Evergrande group is edging towards bankruptcy, which may be bad news not only for themselves but for the broader markets, particularly in United States.
The effect of Evergrande collapse may reverberate across markets:
Which may or may not cause certain extraordinary events to happen in the US stock market. Either way it feels like time is running out. A very exciting period, this is. We’re witnessing history.