Episode Details

What a wild week so far—and it's only Tuesday…

Yesterday, we saw stocks drop 2%, leading the way for everything else—gold, bitcoin, you name it—to sell off as well. [0:34]

You've probably heard by now that Evergrande—a Chinese real estate company and one of the biggest property developers in the world—is crumbling… But this shouldn't be surprising: Recent events have foreshadowed the juggernaut's demise. The bigger question on everyone's mind: Will this pose a systemic risk to the world economy? [2:24]

Meanwhile, the volatility caused by Evergrande has brought the bears out of hiding... Now they're roaring about further downside risk. [10:39]

Some are even comparing Evergrande to the financial crisis of 2008-2009… I give my take on this comparison… how I believe the Chinese government will choose to handle the situation… and what the biggest risk to the market is (hint: it's not Evergrande). [17:40]

As the situation plays out, I explain why I'm not selling Chinese stocks… In fact, I'm looking to add exposure to China on this pullback. [23:15]

Finally, I point out the biggest risk to the crypto space... [31:31]

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