Contagion in Chinese property sector. US dip-buyers take a stand.
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Today's slide deck: https://bit.ly/2Xx1WrF - Today we look at US dip buyers taking a stand once again at what is now the most obvious support in the world and whether we can continue this nearly mechanical advance from here. A look as well at significant contagion across the Chinese property sector as other big names are marked down aggressively on Evergrande's ongoing woes. As well, we look at JPY, NZD, NatGas and European power prices and the next important factors for shaping the Fed's latest guidance at next week's possibly pivotal FOMC meeting. Today's pod features Peter Garnry on equities and John J. Hardy hosting and on FX. Intro and outro music by AShamaluevMusic