Wholesale funds accounting for bank funding in China have hit a record says Moody's

An S&P analysts says "Contagion risks are definitely rising"

  • "The pace of the development is concerning. If this isn't stopped in time, the central bank will lose some control and flexibility of its monetary policy."

I lurve contagion risks! Remember when we were all gonna die of Ebola a year ago (or whenever it was)? The S&P500 was smashed 'cause there was gonna be no-one left! Noooooooo! And then .... nah ...

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