Economic growth seems to be on track, especially in the U.S., but it remains tentative and several potential catalysts (e.g., a terrorist attack, bad news from China, saber rattling from an emboldened Russia, a wave of energy
sector debt defaults) could undermine growth and trigger a long overdue correction.
Not exact matches
LeEco, an entertainment, electronics and electric vehicles group, has struggled to pay its
debts after rapid expansion into multiple
sectors sparked a cash crunch, a plunge in the shares of a listed unit and led to multiple
defaults.
An Ernst & Young study of 430 loan transactions by 15 community - development financial institutions (CDFIs) involving 336 charter schools found a foreclosure rate of 1 percent, lower than the corporate
sector debt -
default rate of about 3 percent.
LeEco, an entertainment, electronics and electric vehicles group founded by Jia, has struggled to pay its
debts after rapid expansion into multiple
sectors sparked a cash crunch, a plunge in the shares of a listed unit and led to multiple
defaults.
If that came about and some of the low grade corporate
debt in the oil
sector or energy
sector started
defaulting, potentially, you would have some sort of financial crisis that is unrelated to real estate.