China won't let Evergrande fail, and that should spur a market rebound, economist Ed Yardeni says

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Sept. 20, 2021.
Michael Nagle | Bloomberg | Getty Images

The likelihood that the Chinese government won't let real estate giant Evergrande fail should help calm investors' frayed nerves, economist Ed Yardeni said.