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Stocks Slide as Evergrande Misses $83M Interest Payment The Global Gold News Weekly Recap September

Stocks Slide as Evergrande Misses $83M Interest Payment [Red Rock Secured]( The Global Gold News Weekly Recap September 24, 2021 [hand holding pin popping bubble with green dollar sign]( Evergrande Debt Crisis: Has the Everything Bubble Found Its Pin? The world is awash in debt. Global debt – government, household, corporate, and bank debt – is now closing in on $300 trillion. The Institute of International Finance’s latest Global Debt Monitor states that the debt mountain grew by $4.8 trillion in the second quarter alone, reaching $296 trillion at the end of June. [Read more]( [Woman wearing mask]( What Evergrande’s Debt Crisis Means for China, U.S. Investors and Markets Evergrande, a property giant in China, is on the brink of collapsing. However, Ed Yardeni, president of Yardeni Research, says it's unlikely the fallout would be as severe as the Lehman bankruptcy. [Read more]( [China Evergrande]( Analysts Expect Evergrande to Miss $83M Interest Payment Investors will be closely watching Evergrande this week to see if the property developer will be able to pay out its massive bond interest bill. The company’s $83 million payment is due on Thursday, but analysts predict it won’t be made. [Read more]( [Jerome Powell]( Experts Now Expect Fed to Sit on Tapering Many experts now expect Fed officials to announce that they’re sitting tight on tapering. They now expect the decision to come later in the year. Gold has seen double-digit gains as concerns around Evergrande continue to grow. But what does the latest upcoming Fed announcement mean for the yellow metal? [Read more]( [Evergrande Group]( Chinese Officials Preparing for ‘Possible Storm’ if Evergrande Fails Chinese authorities have waved the red flag, signaling local officials to be on guard for Evergrande’s potential demise. They said it was as if they were told to “get ready for the possible storm.” Those officials will have to step in to prevent spillover effects. On Wednesday, news broke that federal benchmark interest rates will be held near zero. [Read more]( [Evergrande misses 83M interest payment]( Stocks Slide as Evergrande Misses $83M Interest Payment You’ve probably heard a lot about Evergrande this week, but if you’re not sure what that is or how it could impact you, CNN has broken down the five key things you need to know. If you’re up to speed, the company missed its more than $83 million interest payment on Thursday. The news sent stocks sliding Friday morning. [Read more]( [Red Rock Secured Recap September 24, 2021]( Red Rock Secured Recap: September 24 Here is a recap of some of the top headlines you may have missed this week. EXCLUSIVE BENEFITS $10,000 in FREE Gold or Silver Anyone who completes an application today could receive up to $10,000 in FREE gold or silver. [Protect Your Retirement Savings]( No Fees for Life Red Rock may cover all custodial and management fees for the life of your account. [Protect Your Retirement Savings]( ROCK THE SPECTRUM Red Rock Secured is showing their support for Autism Awareness. Will you please help us make a difference by donating today? [Yes, I would like to make a donation.]( [YouTube]( [Facebook]( [Twitter]( [LinkedIn]( Copyright © 2021 Red Rock Secured1, All rights reserved. You were subscribed to the newsletter from Red Rock Secured Our mailing address is: Red Rock Secured1 400 Continental Blvd #200El Segundo, CA 90245 [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.

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