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Why China Evergrande's Woes Aren't Similar to Lehman Bros' Collapse
Worries over China Evergrande's current problems linger, but concerns over it potentially triggering broader regional risks have subsided. Noli De Pala, Chief Investment Officer for Trilake Partners, joined us on Prime Time to discuss the gravity of Evergrande's missed bond payments, and why the developer's issues aren't worrying him as much as Lehman Brothers' collapse around 13 years ago. He also offers his outlook on markets in the 4th quarter, and what he makes of the growing rockiness in markets. See omnystudio.com/listener for privacy information.
The skinny
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