The crisis at the world's biggest real estate debtor is 'shaking this notion that China is an investable market,' Allianz's El-Erian says.
Billionaire investors Steven Cohen and Ray Dalio have joined the cryptocurrency craze by putting cash to work.
If it lasts more than 30 days, it's certainly going to have a bigger impact on the economy. But generally speaking, shutdowns tend to be short-lived.
Our expectation is the Fed is going to wait til November to indicate they're going to begin the taper process that it'll start closer to December.