China's Evergrande Group default explained after the HSI jumped 2 percent today, Hong Kong's real estate valuations and the FED signalling a shift away from pandemic era support

Is the default by China's Evergrande Group a similar situation to the subprime mortgage crisis after the bankruptcy of the Lehman Brothers in 2008? With the FED signalling a shift from pandemic era support, what will the impact be on the market? 

Michelle Martin and Arun Pai, Chief Strategy Officer at Flow discuss. 

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