Flash Report /
China

An Evergrande bailout could power a tech boom like the LTCM rescue in 1998

  • LTCM was rescued by the Fed as it had borrowed US$120bn

  • The bailout helped drive a 262% rise in the Nasdaq from September 1998 to March 2000

  • A bailout of Evergrande is possible. If so, it may power a boom in EM tech such as the Baby Amazons

An Evergrande bailout could power a tech boom like the LTCM rescue in 1998
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
26 September 2021
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