I remember in September 2021-ish people were discussing the Evergrande default situation and there were theories and panic about Evergrande collapsing the Chinese economy and the repercussions it would set off in the US economy.
In the end nothing really happened, there was like 1-2 days of uncertainty where the market dipped slightly and then it was basically a footnote no one cared about much (at least in the US markets).
What are your thoughts on Ukraine-Russia being similar or dissimilar to that? I would say its impact is already more severe than Evergrande's ever was, but will it be short-lived? Are there other more complicating factors? Is this the beginning of the end of the current bull market?
Leave a Reply