Market Summary 3Q21

2021 estimates as outlined in the FOMC’s Summary of Economic Projections Evergrande, China’s second largest real estate developer by sales, is on the brink of collapse after the country’s central bank tightened credit and tried to address its overbuilding problem. As China continues to tighten, it wouldn’t be a surprise to see more leveraged companies crumble in the world’s second largest economy…(Click the image below to download a PDF copy and for clickable links.)