What We're Reading

shadow banking (1)

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Daily Reads

  • "There’s no way that we are not going to have massive problems in China." BloombergView
  • Let the bidding begin for Elon Musk's battery gigafactory.  Bloomberg
  • Possible defaults in some WMPs don’t reflect a “big problem”.  Wait, 60% of GDP is no big deal? Bloomberg
  • Retailers deep discounts bring in buyers BUT weigh on margins.   IBD
  • China's property boom continues to rise relentlessly.…

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