In this issue:

• The Controlled Demolition of China Evergrande

• Oil and Delta

• Buffers and Signals

• Latency

• Lags

• Synergy

The Controlled Demolition of China Evergrande

China Evergrande is a real estate company that's #151 on the Fortune Global 500 list, with $78bn in revenue and $356bn in assets. They are also, as of right now, a deeply distressed borrower whose bond…