China's WMPs sold off their liquid government bonds first to meet redemptions, keeping their higher yielding corporate bonds. Now corporate bonds are selling off. It is starting to look like the early signs of cascading sell-offs in Chinese financial markets...
http://www.zerohedge.com/news/2017-11-23/china-deleveraging-shifts-corporate-bonds-cascade-effect-begins

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.