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The $600 billion reason why China's stock market crash might get a whole lot worse

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Fears of a slowing economy, rising debts and the impact of US President Donald Trump's trade war have all played a role in pushing the Chinese market lower. But there's another factor at play.

 

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Ah the same experts that saw the GFC, Brexit and Trump? 🤔

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Untuckit, the company known for its untucked shirts, is eyeing valuation greater than $600 millionUntuckit, known for shirts designed to be worn untucked, has hired investment bank Morgan Stanley to raise money in a deal it hopes will value it at more than $600 million, people familiar with the situation tell CNBC. Just what everyone needs in a recession, bullshit clothes. Investors will get rekt You can thank robertAbooey Bababooey ! A clothing company valued at 4x sales? That doesn't sound too right to me. But if you want a list of the biggest suckers in the world, just find out who's giving money to an untucked shirt company in this economy.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »