US Stock futures way down as I post this...Ripple effect from the fallout in China with Evergrande.
https://www.forbes.com/sites/mikeosu...h=71335527e6ee
Evergrande Group China’s second largest property development group will likely find itself unable to make the interest payments on a series of loans to China’s banks and will technically likely default, with trading in many of its onshore bonds already suspended. A key test will come on 23 September when the company is due to pay a coupon on a USD-denominated offshore bond.
