Stansberry Research, Released on 9/21/21
The Evergrande collapse in China is a controlled demolition, while markets are discounting “fear of real contagion,” this according to Vince Lanci, founder of Echobay Partners.
He says that U.S. markets are behaving like Evergrande is in fact a contagious issue, but if it is not, Fed tapering will be in full effect, he told our Daniela Cambone.
Lanci hypothesizes that U.S. stock markets, “will have to take on some water, but they will not suffer like China has suffered.”
Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and “friends and family” personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com