China’s property sector slump rekindles debate over potential “Lehman moment” due to financial stress at asset manager. The yuan probably still has farther to fall. Anticipated fiscal stimulus from China unlikely to materialize. August 18, 2023 9:16 pm
Trouble for the major banks is getting worse… We are probably looking at hundreds of additional bank failures over the course of the next two years. June 13, 2023 9:19 am
