Specialty Firm News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You would expect. Given that its unexpected with the dow free falling. The nasdaq down. 9 and s p down. 57. Im talking about the perspective chinese credit collapse. And we have all dethe sided it can reverberate into any company with exposure to china. Ford, coach, boeing, goldman sachs. The thing is all crises are pretty much the same in the post Great Recession world. There is the initial shock holy cow theres problems in the chinese banks which shouldnt be much of a shock at all. Until the last 24 hours, no one was focused on the credit equals gold number one collective trust. Thats the moniker of a 500 million chinese bond that could default as soon as january 31. Hurting individuals who own it or, well, the aches and pains of China Credit Trust. Another thing weve got to think about. The house of pain. We have endless ashurss not to worry because the peoples republic government has it under control. A bank possibly allowed to default there are implications that arent instantly pa

New yorkUnited statesWest monroeDistrict of columbiaJim cramerKimberly clarkJohn donahueMelissa leeLarry somersCompany exposureGreat recessionHoly cowNumber oneChina creditUnited technologyTechnology call