Global Market Update | Your Money

In this episode of Your Money, Leo Daprile, president of Gem Young Insurance and Financial Services in Canfield, gives you eight reasons the stock market is posting the worst drops in two months.

The first is Evergrande, a chinese real estate developer and one of the largest holders of debt in the world.

“There’s fear they’re not going to be able to make their next interest payment. So that’s what’s been sending the ripples through the market,” he says.

Original Air Date: September 23, 2021. Every Tuesday during the Dan Rivers show on News Radio 570 WKBN, Gem Young President Leo Daprile hosts a radio show called Your Money. Daprile brings his vast knowledge of all things “money” to discuss the topics in language everyone can understand.

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