The latest edition of our finance and property news digest with a distinctively Australian flavour.
In today’s show we look at the latest market data, and focus in on the big questions around China Evergrande Group, as opinion is divided between those who think this could be a replay of Lehman Bros leading to a broader financial crisis, and those who think the CCP will ultimately save the day. It seems the international markets are not so worried, for now. But I would remind you September and October are witching months for financial crashes, and there is plenty of reasons to think this might be true in 2021. And meantime the FED has its own problems as it came to light that two Federal Reserve bank presidents had engaged in controversial stock trades. And then there is the failing iron ore price…
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