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China won't let Evergrande fail, which should lead to a market rebound, Ed Yardeni says

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New for subscribers: China won't let Evergrande fail, which should lead to a market rebound, Ed Yardeni says. Check out CNBCPro today.

Traders work on the floor of the New York Stock Exchange in New York, U.S., on Monday, Sept. 20, 2021.The likelihood that the Chinese government won't let real estate giant Evergrande fail should help calm investors' frayed nerves, Ed Yardeni of Yardeni Research said.

 

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Pro Michael Burry Warns Retail Traders About the 'Mother of All Crashes'

Pro But them propping up Evergrande will lead to failure eventually anyway. This is how we got here.

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