Evergrande crisis is not entirely to blame for global market jitters

//Evergrande crisis is not entirely to blame for global market jitters

Evergrande crisis is not entirely to blame for global market jitters

Pinpointing the catalyst for movements in asset prices across the world is not easy, particularly when there is a lot of uncertainty over the direction of markets. Even when sentiment is bearish, and investors expect a sharp sell-off, there is often disagreement over the precise trigger for falls in prices.The sudden drop in global stocks on Monday, with the benchmark S&P 500 index suffering its worst day of trading since May, was widely attributed to the deepening liquidity crisis at China…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2021-09-23T18:30:11+00:00 September 23rd, 2021|Business|Comments Off on Evergrande crisis is not entirely to blame for global market jitters