lauren: tricon residential debut ing on the new york stock exchange today and with that the stock isquarters percent at 1,306 per share the company already listed on the toronto stock exchange has a pretty big u.s. presence. they own and operate one of the largest portfolios, a single family rental homes in the sun belt, approximately 25,000 homes in 19 markets, across 10 states, joining us now is the president and ceo of tricon residential gary burman. you're down at the new york stock exchange why the decision to list there now? >> opportunity really to access much deeper capital market and elevate our brand, tricon is a growth company going from 25,000 homes to 50,000 homes in the next three years and after that we're going to double again , and it just make sense to access this deeper capital markets and also have a u.s. dollar currency that can align with our balance sheet which is also and our currency is also u.s. dollar so it just make sense it's just an inevitable next step for us. lauren: you're doubling the number of home, you're doubling the supply on the market. does tha

. >>> some breadth at the each it's tricon recent denchally, and portage at the nasdaq.y, we expect china's coal crunch to persist, which would force the bates case, the government to mandate a 12% cut in industrial power use in q4, which would increase cities' stagflation rate in china. >> even at these levels, you sell iron or freeport, they can't produce. there was excellent work by bloomberg on what's going on with tether. tether owns a lot of chinese paper, and evergrande is still not doing well there are weaknesses perhaps in the edifice of the chinese regime >> a default is certainly a real possibility, they haven't been making payments on certain bonds that have been issued overseas. >> there's a lot of paper at debt. >> fantasia is another company there's concern about, and it's an important part of the net worth of your average chinese middle-class person. >> and alibaba had a huge up day yesterday. >> still well below its highs. jack ma is hanging out at home, i think, just not saying much. >> that's the equivalent in this country of house arrest. >> i think h