Macro Briefing: 20 September 2021

* Liquidity crisis at Chinese property developer Evergrande is a global threat
* Evergrande is a ‘too big to fail’ risk, says Ed Yardeni of Yardeni Research
* Delta variant weighs on global economic growth
* US Treasury Sec. urges Congress to raise or suspend the nation’s debt ceiling
* US begins flying Haitian migrants from Texas border to Haiti
* United Russia party, which supports Putin, retains parliamentary majority
* German producer prices surged 12% y-o-y in August, a 45-year high
* US consumer sentiment up slightly in early September but still near-decade low:

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