Monday, April 30, 2012

Hugh Hendry - China Will Be Last Shoe to Drop


This makes us bearish on most Asian stocks, bearish on industrial commodity prices, interested in some US stocks, a seller of high variance equities and deeply concerned that Japan could become the focal point of the next global leg down.
Read it at Scribd
The Eclectica Fund - April 2012 Commentary
By Hugh Hendry
(h/t The Big Picture)


Hendry’s fund has generated remarkable returns over the past decade with ridiculous outperformance during downturns. This is his first lengthy commentary in more than a year and having established his spot amongst the very top macro managers (thinkers), the entire piece is worth reading. If you weren’t convinced of a coming hard landing in China previously, Hendry’s thorough analysis will put those doubts to rest.




Update: Hendry's presentation at The Milken Institute conference yesterday can be found here:
Hugh Hendry On Europe "You Can't Make Up How Bad It Is"


2 comments:

  1. When someone writes an article he/she keeps the thought of a user in his/her brain that how a user can be aware of it. Therefore that’s why this post is outstanding.Thanks!

    Bubble
    www.gofastek.com

    ReplyDelete
  2. Love it! Very interesting topics, I hope the incoming comments and suggestion are equally positive. Thank you for sharing this information that is actually helpful.


    ufgop.org
    ufgop.org

    ReplyDelete