Evergrande 3333, -0.44%, a Chinese real estate developer, likely hasn’t been top of mind when you consider whether or not to buy or sell stocks. But lately analysts are on edge about the company’s $300 billion in debt, which contributed to a global market selloff on Monday.
But in the meantime, the uncertainty surrounding the exact severity of the situation continues to rattle markets and individual investment portfolios — which begs the question among retail investors, especially those new to dabbling in financial markets: Is there anything I should be doing differently to dampen from the blow?
Bishop compared it to a medical stress test where a patient exercises usually at a medical facility to increase their heart rate and in doing so detect potential heart or blood-flow problems.
“The more we look at our investments, the more tempted we are to take action and want to try to do something about it when oftentimes the best strategy is not to be taking action at times like this,” he said. As MarketWatch columnist Therese Poletti wrote in July: “This is your final warning — Chinese stocks listed in the U.S. are dangerous to hold.”
I’m all green with my lcid yolo...
The Market TANKS twice a year. ALWAYS HAS. April-May and Oct. November. Write it down. It's a LOT easier than trying to figure out 'WHY?'
If a bad week makes you rethink things, then you aren't actually investing—you're gambling.
Yes
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Wall Street ends sharply lower in broad sell-offWall Street plunged on Monday as fear of contagion from a potential collapse of China's Evergrande prompted a broad sell-off and sent investors fleeing equities for safety.
Source: Reuters - 🏆 2. / 97 Read more »
Dollar holds gains, yuan under pressure as Evergrande risks growThe offshore yuan wallowed near an almost one-month low on Tuesday while the safe-haven dollar and yen stood tall as investors sought shelter from a potential China Evergrande default. I wonder what will happen to the price of cryptos that are based on the dollar. For example $Dai coin.
Source: Reuters - 🏆 2. / 97 Read more »
World stocks tumble over Evergrande contagion fearsEvergrande, one of China's biggest developers, is on the brink of collapse as it wallows in debts of more than $300 billion.
Source: trtworld - 🏆 101. / 63 Read more »
Investor worries about Evergrande keep pressure on China’s yuan in offshore tradeChina’s offshore currency continued to weaken against the dollar on Monday amid a world-wide stock selloff triggered by concerns about the broader impact of a potential collapse by major property developer Evergrande Group. We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people on how to earn 1BTC ($43,196.80) and more daily! No referral No withdrawal fees Interested people only Kindly send a DM. this is terrible news
Source: MarketWatch - 🏆 3. / 97 Read more »
Why Evergrande has suddenly exploded into a potential global financial market crisisThere's a risk to the stock market that's not covid or inflation. Here's what's going on with Evergrande: nice Oh no, not again.
Source: MarketWatch - 🏆 3. / 97 Read more »
Erdogan: Turkey, US decisively move towards $100B tradeTurkey’s president also underlined that energy has emerged as a top category in cooperative trade between Turkish and American businesses. (The pain) (عندما يختلف اللصوص.. تظهر الخفايا والنوايا) فرنسا وأمريكا وبريطانيا. اختلف اللصوص. ففضحوا أنفسهم. طارت العدالة. طارت حقوق الإنسان في مهب الريح وظهرت الحقيقة. واتضح للجميع ان هذا العالم قائم على السرقة وليس على اقامة الحقوق. Apparently ignoring bitter enemy of Turkey Thom Hartmann, despite Erdogan sheltering millions of Syrians , instead he spreads sick lies about massacres of Kurds who amazingly are not dead at all.
Source: trtworld - 🏆 101. / 63 Read more »