Short to medium opportunity positions present great investment vehicles.;
Picked up some EV battery recycling stocks today with a 2 month old “buy” order.
Dry powder for these financial hémorragies historically evident nice cap gain returns.
Giddy up
"After defying gravity for most of the summer, September is shaping up to be a tough month for markets, with major benchmarks in retreat for three consecutive weeks. At Wall Street’s opening bell, the Dow sank by more than 500 points, while the S&P 500 also dropped by nearly 70 points, adding to losses from last week. The CBOE Volatility Index, or Vix (^VIX), jumped by more than 15% to its highest since August, as a confluence of risks roiled markets. "
Shares of China Evergrande Group (3333.HK) plunged by more than 10% on the Hong Kong Stock Exchange as fears mounted that the Chinese real estate juggernaut would collapse under a major debt burden, impacting shareholders, bondholders and potentially triggering turmoil elsewhere across global markets. The specter of a broader crackdown by the Chinese government on Hong Kong’s real estate sector further added to concerns.
“Chinese real estate developer Evergrande’s shares tumbled more than 15% Monday amid worries the company will not be able to make a debt payment later this week.”
“Chinese real estate developer Evergrande’s shares tumbled more than 15% Monday amid worries the company will not be able to make a debt payment later this week.”
