September Sell-Off: How to Navigate the Market
If China's highly indebted property company China Evergrande Group (OTC: EGRN.Y) has a hard default on its more than $300 billion debt load, and the ripple effect sweeps through the global economy, all bets are off. But it's likely there will be some intervention: a managed default, government-assisted debt restructuring, or even a bailout.
Given this scenario, how might investors navigate the market? I have two ideas.
Image source: Getty Images.
Source Fool.com