Surveillance: Evergrande 'Manageable,' Dalio Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 21 September 2021
⏱️ 50 minutes
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Summary
Ray Dalio, Bridgewater Associates Chairman, Chief Investment Officer & Founder, says China Evergrande Group’s debt crisis “is all manageable” even as lenders are hurt by the property developer’s troubles. Nouriel Roubini, Roubini Macro Associates CEO and TheBoomBust.com Co-CEO, says he is concerned the world is in a "debt trap." Laurence Boone, OECD Chief Economist, says the pickup in inflation is likely to be transitory. Governor Ned Lamont, Connecticut (D), says he wants to extend the statewide school mask mandate. Afsaneh Beschloss, RockCreek CEO, says this Fed meeting is going to be critical.
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