I don't know man. Evergrande has to make its second missed payment by the 30th or it defaults. CCP will undoubtedly make the payment or force the billionaire owner too.
I wish markets actually worked and this news would cause a correction or a sell off. Lastly 50% of Tethers reserves are in corporate bonds. Speculation with no proof nor disproof is that they could be Chinese.
It's got to be the money sloshing around driving up stock prices. Earnings inflated by inflation causing bull rallies of newly minted dollars driving up share price.
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