Tuesday 21 September 2021

China Won’t Let Evergrande Fail, And It’s a Buy the Dip Moment Says Vince Lanci

The Evergrande collapse in China is a controlled demolition, while markets are discounting "fear of real contagion," this according to Vince Lanci, founder of Echobay Partners.

He says that U.S. markets are behaving like Evergrande is in fact a contagious issue, but if it is not, Fed tapering will be in full effect, he told our Daniela Cambone.

Lanci hypothesizes that U.S. stock markets, "will have to take on some water, but they will not suffer like China has suffered." Video by Stansberry Research.

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